A debt of $675.39 was to be repaid in 42 months. If $1173.94 was repaid, what was the nominal rate compounded semi-annua
Posted: Mon Jul 11, 2022 12:06 pm
- A Debt Of 675 39 Was To Be Repaid In 42 Months If 1173 94 Was Repaid What Was The Nominal Rate Compounded Semi Annua 1 (78 KiB) Viewed 52 times
A debt of $675.39 was to be repaid in 42 months. If $1173.94 was repaid, what was the nominal rate compounded semi-annually that was charged? The nominal rate compounded semi-annually is %. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)