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Posted: **Tue Jul 12, 2022 12:52 pm**

: What Is The Effective Annual Rate Of Interest If 800 00 Grows To 1100 00 In Four Years Compounded Semi Annually The E 1 (9.46 KiB) Viewed 31 times

What is the effective annual rate of interest if $800.00 grows to $1100 00 in four 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.)