Find the nominal annual rate of interest compounded quarterly that is equivalent to 8.6% compounded semi-annually. STO T
Posted: Wed Jul 06, 2022 11:54 am
Find the nominal annual rate of interest compounded quarterly that is equivalent to 8.6% compounded semi-annually. STO The nominal annually compounded rate of interest is % (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)