Question
What is the nominal annual rate of interest compounded semi-annually at which $1093.00 will accumulate to 51663.67 in six years and six months?
What is the nominal annual rate of interest compounded semi-annually at which $1093.00 will accumulate to 51663.67 in six years and six months?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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