Question: 11. How much is the annual interest rate compounded semiannually on a 3 year investment, costing $56 and pays back $71 22? :) 7.0096 b)6.2596

11. How much is the annual interest rate compounded semiannually on

11. How much is the annual interest rate compounded semiannually on a 3 year investment, costing $56 and pays back $71 22? :) 7.0096 b)6.2596 c)9 0096 d)8.799%

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