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Home Q & A Board Science-Related Homework Help Mathematics
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westleafs westleafs
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3 months ago
What was the semiannually compounded nominal rate of growth if the future value of $2,000 after fifteen years was $5,822?

▸ 7.25% compounded annually

▸ 7.25% compounded semiannually

▸ 6.25% compounded semiannually

▸ 8.25% compounded semiannually

▸ 14.50% compounded semiannually
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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webmom2008webmom2008
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7.25% compounded semiannually
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