What is the effective annual rate of interest if $1100.00 grows to $1400.00 in four years compounded semi-annually? I Th
Posted: Wed Jul 06, 2022 11:54 am
What is the effective annual rate of interest if $1100.00 grows to $1400.00 in four years compounded semi-annually? I The effective annual rate of interest as a percent is% (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)