Question 4 of 9 > What is the nominal annual rate of interest compounded monthly at which $1605.00 will accumulate to $2
Posted: Mon Jul 11, 2022 12:49 pm
Question 4 of 9 > What is the nominal annual rate of interest compounded monthly at which $1605.00 will accumulate to $2499.96 in seven years and nine months? The nominal annual rate of interest is%. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)