Question $20$

Suppose you invest at an APR of $11\mathrm{.}59\%$ for $7$ years, what interest rate did you actually earn

each year if interest is compounded annually?

Answer Format:

INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include $"$$$""",$ or

any other formatting. Carry interim computations to at least $4$ decimals.

Enter percentage answers as a positive percentage $\%$ rounded to $2$ decimal places. For

example $0\mathrm{.}123456$ should be enter as: $12\mathrm{.}35($##$.$##$)$

Question $21$

Suppose you invest at an APR of $8\mathrm{.}57\%$ for $19$ years, what annual interest rate did you

actually earn each year if interest is compounded semiannually?

Answer Format:

INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include $"$$$"","$ or

any other formatting. Carry interim computations to at least $4$ decimals.

Enter percentage answers as a positive percentage $\%$ rounded to $2$ decimal places. For

example $0\mathrm{.}123456$ should be enter as: $12\mathrm{.}35($##$.$##$)$