Asked by mike

Suppose you deposit $5,000 in a bank which pays 10 percent interest compounded twice a year. The actual annual interest rate you receive is:

a- 10
b-11
c-10.25
d-12

14 years ago

Answered by mike

thanks

14 years ago

Answered by mike

how did u find it

14 years ago

Answered by Maram

i had almost the same problem :-))so that's why:D

14 years ago

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Asked by mike

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