Sue Li deposited $300.00 into a savings account that compounded interest semi-annually. What nominal annual rate compounded
Fantastic news! We've Found the answer you've been seeking!
Question:
Sue Li deposited $300.00 into a savings account that compounded interest semi-annually. What nominal annual rate compounded semi-annually was earned on the investment if the balance was $508.10 in five years?
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Posted Date: