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Sue Li deposited $200 00 into a savings account that compounded interest monthly. What nominal annual rate compounded mo
Posted: Sun Jul 10, 2022 10:52 am
by answerhappygod
- Sue Li Deposited 200 00 Into A Savings Account That Compounded Interest Monthly What Nominal Annual Rate Compounded Mo 1 (9.58 KiB) Viewed 99 times
Sue Li deposited $200 00 into a savings account that compounded interest monthly. What nominal annual rate compounded monthly was earned on the investment if the balance was $575.30 in five years? The nominal annual rate of interest is% per annum compounded monthly (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed)