Determine the effective annual yield for $1 invested for 1 year at 4.7% compounded semiannually.
The effective annual yield is %.
(Round to the nearest hundredth.)
132

Question

27-07-2024
Mathematics

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Determine the effective annual yield for $1 invested for 1 year at 4.7% compounded semiannually.
The effective annual yield is %.
(Round to the nearest hundredth.)
132

Sagot :

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