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Tanisha Sharma 11/06/23 7:36 PM This test: 7 point(s) Question 6 of 7 possible This question: 1 point(s) possible What is the nominal rate of
Tanisha Sharma 11/06/23 7:36 PM This test: 7 point(s) Question 6 of 7 possible This question: 1 point(s) possible What is the nominal rate of interest compounded semi-annually if the effective rate of interest on an investment is 7.2% ? The nominal rate of interest is % compounded semi-annually. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
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