Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Merlin891 Merlin891
wrote...
Go to Answer
Posts: 139
Rep: 0 0
A year ago
A $50,000 mortgage loan requires monthly payments of $520 for 20 years. What is the semiannually compounded nominal rate of interest on the loan?

▸ 11.3752%

▸ 11.6987%

▸ 11.1146%

▸ 0.9381%

▸ 11.2573%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 92 times
1 Reply
Replies
Answer verified by a subject expert
AdieMichelleAdieMichelle
wrote...
#1
Posts: 139
Rep: 2 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Merlin891 Author
wrote...

A year ago
Thanks
kater28
wrote...

Yesterday
Brilliant ツ
rene_ram97
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1075 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 98
  
 1133
  
 330