pic Discussion 7 ments abus 33 -233009735 Exercises: Compound Interest Score: 11.25/13 12/13 answered X Question 4 < > Score on last try: 0 of 1 pts. See Details for more. > Next question UIT CACCTTTCTCOOT Get a similar question You can retry this question below If 10700 dollars is invested at an interest rate of 6 percent per year, find the value of the investment at the end of 5 years for the following compounding methods. Round value to the nearest cent. toring (a) Annual: $ Preview nal Grades (b) Semiannual: $ Preview (c) Monthly: $ Preview a (d) Daily: $1 Preview Enter a mathematical expression [more..] Question Help: Video Submit Question Q Search 2 F3 F4 F5 F6 3 % 95 E R T 6 2 O F7 F8 & 7 Y * 8 W 답☆ Progres Del F9 F10 F11 F12 Insert Prisc 9 P D F G H J K L C V B N M 1 . Ba

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The half-yearly nominal rate of discount convertible monthly is 3.5%. Calculate the force of interest per annum which is equivalent to this interest rate. (correct answer = 7.02050) no tables, ONLY formulas, please)

Please answer for step 4, thanks!!! Answer all boxes, make sure the answers are right!!!