Essay
If $1400.00 accumulates to $2350.00 in five years, six months compounded semi-annually, what is the effective rate of interest?
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PV = 1400, FV = 2350 n = 5 × 2...View Answer
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Correct Answer:
Verified
PV = 1400, FV = 2350 n = 5 × 2...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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