Math, asked by Masamune1903, 5 months ago

what simple interest rate is equivalent to 10% compounded semiannually at the end of year 1?

Answers

Answered by Mdshabazkhan

0

Answer:

For example, for a deposit at a stated rate of 10% compounded monthly, the effective annual interest rate would be 10.47%

Answered by baguingcodahunan8131

0

Answer:

Step-by-step explanation:

Gv

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