An investment of 9 grows to 1.70 in 1 year(s). Find the nominal rate converted semiannually earned on th?
An investment of $ 279 grows to $ 641.70 in 1 year(s). Find the nominal rate converted semiannually earned on the investment.
Investment best answer:
Answer by Alam Ko Iyan
(1 + r/2)^2 = 641.7/279
r = 2*[-1 + sqrt(641.7/279)]* 100% .
this is a big investment ....
Investment
Save Darfur protest at Franklin Templeton Investments
Image by Steve Rhodes
Part of a national day of action on October 15th calling for divestment
www.divestfordarfur.org
www.savedarfur.org
Orignal From: An investment of $279 grows to $641.70 in 1 year(s). Find the nominal rate converted semiannually earned on th? and Save Darfur protest at Franklin Templeton Investments
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