What is the effective annual rate of interest if $800.00 grows to $1300.00 in five years compounded quarterly? The effec
Posted: Mon Jul 11, 2022 12:06 pm
What is the effective annual rate of interest if $800.00 grows to $1300.00 in five years compounded quarterly? 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.) BIE