3 years, 6 months ago, a bank account had a balance of $28,484 and was earning interest at a semi-annually rate. Since t
Posted: Wed Jul 06, 2022 6:41 pm
3 years, 6 months ago, a bank account had a balance of$28,484 and was earning interest at a semi-annually rate. Sincethen, $735 has been withdrawn at the end of every month. Aftertoday's withdrawal, the account is now empty. What nominal interestrate did this account earn?