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Calculate the nominal annual rate of interest compounded semi-annually if $5000.00 accumulates to $7022.64 in 78 months. A. 0.0525% B. 5.3% C. 4.87% D. 5.69%
Calculate the nominal annual rate of interest compounded semi-annually if $5000.00 accumulates to $7022.64 in 78 months.
| A. | 0.0525% | |
| B. | 5.3% | |
| C. | 4.87% | |
| D. | 5.69% |
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Multinational Finance Evaluating The Opportunities Costs And Risks Of Multinational Operations
Authors: Kirt C. Butler
6th Edition
111921968X, 978-1119219682
