Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 70E
Related questions
Question
A 12,500$ investment grows to 13,535.71 in 4 years. At what interest rate did this occur if it was compounded semi-annually?
![02%
0.02%
O 0.2%
O 1%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd672829b-f6c8-47b6-8835-d8cd4f1626a8%2Fb3fd81cc-f7d2-4d25-bb28-bfe405650e6d%2Fzld3gr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:02%
0.02%
O 0.2%
O 1%
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