$\frac{7\mathrm{.}22}{10}$

$2.$ If the TVM is the only consideration, what nominal rate will cause all of the banks to provide the same effective annual rate as Bank A$?$ Round your answers to two decimal places.

Submit

$\backslash$table$[[,$B$,$C$,$D$,$E$],[$Nominal rate,$4\mathrm{.}94\%,4\mathrm{.}91\%,4\mathrm{.}89\%,4\mathrm{.}88\%$