A debt of $733.57 was to be repaid in 45 months. If $887.75 was repaid, what was the nominal rate compounded quarterly t
Posted: Mon Jul 11, 2022 12:06 pm
At what nominal annual rate of interest will money double itself in six years, six months if compounded semi-annually? The nominal annual rate of interest for money to double itself in six years, six months is % per annum compounded semi-annually. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)