SOLUTION: ind the effective rate corresponding to the given nominal rate. (Assume a 365-day year. Round your answer to two decimal places.)
7%/year compounded semiannually
Algebra ->
Equations
-> SOLUTION: ind the effective rate corresponding to the given nominal rate. (Assume a 365-day year. Round your answer to two decimal places.)
7%/year compounded semiannually
Log On
Question 730128: ind the effective rate corresponding to the given nominal rate. (Assume a 365-day year. Round your answer to two decimal places.)
7%/year compounded semiannually