MATH HELP?
what is the annual rate of interest paid on a $2500, 4 year GIC that was compounded semi-annually and had a future value of $4200.
回答 (1)
Using Excel RATE function
Rate = 2 x RATE(4*2,,-2500,4200) = 13.40%
收錄日期: 2021-04-21 23:54:43
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