An amount of $900.00 earns $500.00 interest in five years, ten months. What is the effective annual rate if interest com
Posted: Sun Jul 10, 2022 10:52 am
An amount of $900.00 earns $500.00 interest in five years, ten months. What is the effective annual rate if interest compounds semi-annually? com 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.)