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An investment of $1253 00 eamed interest semi-annually. If the balance after 55 years was $1824 42, what nominal annual rate compounded semi-rally was charged?

An investment of $1253 00 eamed interest semi-annually. If the balance after 55 years was $1824 42, what nominal annual rate compounded semi-rally was charged? The nominal annual rate of interest is 6% (Round the final answer to four decimal places as needed Round all intermediate values to six decimal places as needed Grade Colet your in the Ch ca Type here to search 08 13 * 0 %

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