document.write( "Question 1108712: If r is the nominal rate and n is the number of times interest is compounded annually, then R= (1 + r/n)^n Here, R represents the annual rate that the investment would earn if simple interest were paid. Use this formula to determine the effective rate for $1 invested for 1 year at 7.17.1% compounded semiannually. \n" ); document.write( "
Algebra.Com's Answer #723727 by ikleyn(52788)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "You just have formulas and everything just was explained to you.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Why do not you make these calcs on your own ?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "What are you waiting for ?????????????????????????????????????\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |