Math 1630 V04 Fall 2021 Tyler Davis & 09/01/21 6:49 PM E Homework: Hw Sec 3.3: Future Value of an Annuity: Sinking Fu Qu
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Math 1630 V04 Fall 2021 Tyler Davis & 09/01/21 6:49 PM E Homework: Hw Sec 3.3: Future Value of an Annuity: Sinking Fu Qu
Question 8, 3.3.49-BE > HW Score: 62.5%, 5 of 8 points Score: 0 of 1 Use graphical approximation techniques or an equation solver to approximate the desired interest rate An employee opens a credit union account and deposits $140 at the end of each month Attor one year, the account contains $1686 48. What annual nominal rate compounded monthly has the account eamod? The annual nominal rate is 1% (Round the final answer to two decimal places as needed Round all intermediate values to six decimal places as needed)
Math 1630 V04 Fall 2021 Tyler Davis & 09/01/21 6:49 PM E Homework: Hw Sec 3.3: Future Value of an Annuity: Sinking Fu