alystidham1439
09.08.2019 •
Mathematics
2. what is the effective annual rate of an investment that pays 6% for 5 years, compounded semiannually?
Solved
Show answers
More tips
- F Food and Cooking The Most Delicious and Simple Fish in Batter Recipe...
- D Dating, Love, Relationships How Long Can Love Last?...
- A Auto and Moto Mastering One-Movement Parking: All You Need to Know...
- C Computers and Internet How to Properly Order Clothing from International Online Stores...
- H Health and Medicine Headache: A Comprehensive Guide to Treatment...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- A Auto and Moto Discovering the Leader: What is the Most Expensive Car in the World?...
- F Food and Cooking How to Quickly Put your Child to Sleep?...
- C Computers and Internet How to Create a Website for Free and Easy?...
- F Family and Home Parquet or laminate, which is better?...
Answers on questions: Mathematics
- M Mathematics Use the properties of equality to solve the equation 7x - 4 + x = 12. State which property justifies your first step and why you chose it. Check your solution,...
- M Mathematics Find m Help me solve it please...
- H History ПОЖАЛУЙСТА ПОМОГИТЕ сочинение по повести детство толстого. правда и ложь. с какими событиями в повести связана эта тема? чем страшна ложь???...
- M Mathematics Totsakan school is selling tickets to a choral performance on the first day of ticket sales the school sold 10 senior tickets and 1 child ticket for a total of $85...
- H History All of the following are reasons the spread of Christianity throughout the Roman Empire EXCEPT…?...
Ответ:
effective annual rate is 6.16 %
Step-by-step explanation:
given data
rate = 6 % = 0.06
time 5 year = 10 semi annually
to find out
effective annual rate
solution
we know formula for annual effective rate of interest is
rate of interest =
-1
put here all value
rate of interest =
-1
rate of interest =
-1
rate of interest = 0.061646
so effective annual rate is 6.16 %
Ответ: