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Posted: **Tue Jul 12, 2022 11:53 am**

: What Is The Effective Annual Rate Of Interest If 1100 00 Grows To 1400 00 In Two Years Compounded Semi Annually The E 1 (22.67 KiB) Viewed 55 times

What is the effective annual rate of interest if $1100.00 grows to $1400.00 in two years compounded semi-annually? 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.)