Essay
Note: The calculations for this question were done using Excel's RATE function.
At what nominal rate of interest compounded semi-annually will $2200.00 deposited at the beginning of every six months accumulate to $68 000.00 in 11 years?
Correct Answer:
Verified
Nper 22
PMT -2200.00
FV 68000....View Answer
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Correct Answer:
Verified
PMT -2200.00
FV 68000....
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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