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65 A bank offers 9.00% on savings accounts. What is the effective Annual rate if interest is compounded monthly Submit Answer format: Percentage Round to:

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65 A bank offers 9.00% on savings accounts. What is the effective Annual rate if interest is compounded monthly Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) Suppose you deposit $1,082.00 into an account 6.00 years from today that earns 11.00%. It will be worth $1.915.00 years from today Submit Answer format: Number: Round to: 2 decimal places. Darak $39 420.00 exactly 14.00

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