Top Posters
Since Sunday
y
2
s
2
a
1
w
1
w
1
i
1
m
1
s
1
c
1
k
1
1
m
1
New Topic  
tetleyelmo tetleyelmo
wrote...
Posts: 662
Rep: 0 0
7 years ago
When you turned 20, you deposited $1,500 into an account paying interest that is compounded quarterly. You just turned 30, and there is now $2,233.30 in the account. What nominal annual interest rate is the account paying?
A) 1.00%   
B) 4.00%   
C) 4.06%   
D) 16.24%   
E) 3.75%
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
Read 288 times
1 Reply
Replies
Answer verified by a subject expert
BlimpBlimp
wrote...
Posts: 499
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

Related Topics

tetleyelmo Author
wrote...

7 years ago
This helped my grade so much Perfect
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1118 People Browsing
 174 Signed Up Today
Related Images
  
 339
  
 398
  
 96
Your Opinion
Do you believe in global warming?
Votes: 422