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Question 8 of 10 You invested $9,500 at the end of each year for 5 years in an investment fund. At the end of year
Question 8 of 10 You invested $9,500 at the end of each year for 5 years in an investment fund. At the end of year 5, if the balance in the fund was $64,500, what was the nominal interest rate compounded annually? Round to two decimal places Question 9 of 10 The value of a 7 year lease that requires payments of $800 made at the beginning of every quarter is $19,600. What is the nominal interest rate compounded quarterly? Round to two decimal places Question 10 of 10 0.00 % Round to two decimal places 0.00 % Month-end payments of $1,530 are made to settle a loan of $131,080 in 8 years. What is the effective interest rate? 0.00 %
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