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.2.9 A debt of $697.74 was to be repaid in 18 months. If $762.24 was repaid, what was the nominal rate compounded semi-annually that was
.2.9 A debt of $697.74 was to be repaid in 18 months. If $762.24 was repaid, what was the nominal rate compounded semi-annually that was charged? The nominal rate compounded semi-annually is %. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
