SOLUTION: 1) If you have $7.00 now and $8.10 in 3 years, what is the Effective Annual Interest Rate?
2) If you have $9.00 now and $11.84 in 7 years, what is the Effective Annual Interes
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-> SOLUTION: 1) If you have $7.00 now and $8.10 in 3 years, what is the Effective Annual Interest Rate?
2) If you have $9.00 now and $11.84 in 7 years, what is the Effective Annual Interes
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Question 91819: 1) If you have $7.00 now and $8.10 in 3 years, what is the Effective Annual Interest Rate?
2) If you have $9.00 now and $11.84 in 7 years, what is the Effective Annual Interest Rate? Answer by mathispowerful(115) (Show Source):
You can put this solution on YOUR website! I already answered this question, please refer to problem # 91820
the simple answer is 1) 5% 2) 4%
you may go to my solutions area for detail information.
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