Question
1)Find the nominal annual rate of interest for the following investment. Principal 6900.00 Future Value $2167.17 Time due 3 years Frequency of Conversion semi-annually The
1)Find the nominal annual rate of interest for the following investment.
Principal
6900.00
Future Value
$2167.17
Time due
3 years
Frequency of Conversion
semi-annually
The nominal annual rate of interest is % compounded semi-annually.
(Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
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IT Security Risk Control Management An Audit Preparation Plan
Authors: Raymond Pompon
1st Edition
1484221397, 978-1484221396
