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What is the effective annual rate of interest if $1300.00 grows to $1600.00 in five years compounded semi-annually? The
Posted: Tue Jul 12, 2022 12:47 pm
by answerhappygod
- What Is The Effective Annual Rate Of Interest If 1300 00 Grows To 1600 00 In Five Years Compounded Semi Annually The 1 (19.96 KiB) Viewed 24 times
What is the effective annual rate of interest if $1300.00 grows to $1600.00 in five 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.)