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Author Question: A principal of $4250.00 compounded monthly amounts to $4800.00 in 6.25 years. What is the nominal ... (Read 149 times)

crobinson2013

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on: Jun 6, 2019

Question 1

At what nominal rate of interest compounded semi-annually will $11 800 earn $6 800 interest in six years?

Question 2

A principal of $4250.00 compounded monthly amounts to $4800.00 in 6.25 years. What is the nominal annual rate of interest?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by crobinson2013 on Jun 6, 2019

kescobar@64

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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crobinson2013

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Reply 2 on: Jun 6, 2019
YES! Correct, THANKS for helping me on my review

jamesnevil303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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