Do Homework - Assignment 03, Spring 2023 - Google Chrome X mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=646517273&questionld=1&flushed=false&cld=7254494¢erwin=yes BUQU 1130, Spring 2023, S14 HIU SHUN WONG 03/09/23 4:17 PM E Homework:

Do Homework - Assignment 03, Spring 2023 - Google Chrome X mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=646517273&questionld=1&flushed=false&cld=7254494&centerwin=yes BUQU 1130, Spring 2023, S14 HIU SHUN WONG 03/09/23 4:17 PM E Homework: Assignment 03, Spring 2023 Question 6, Review Exercise 16 HW Score: 23.91%, 11 of 46 points Save O Points: 0 of 5 Question list K Satwinder deposited $145 at the end of each month for fifteen years at 7.5% compounded monthly. After her last deposit she converted the balance into an ordinary annuity paying $1200 every three months for twelve years. If interest on the annuity is compounded semi-annually what is the nominal rate of interest paid by the annuity? Question 1 Question 2 The nominal rate is % compounded semi-annually. (Round to four decimal places as needed.) O Question 3 x Question 4 O Question 5 O Question 6 O Question 7 Question 8 March 9, 2023 Thu 4:17 PM (Local time) Textbook Ask my instructor Clear all Fri 8:17 AM (HKG) Fri 9:17 AM (TOKYO) 11 C Q Search CD x ENG 4:17 PM US 2023-03-09