What equation can Miguel set up to solve for the annual interest rate

asked May 3, 2021 170k views

2 votes

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0 votes

Answer:

Explanation:

annual interest rate = (1 + (nominal rate / number of compounding periods)) ^ (number of compounding periods) - 1

6.8k points

6 votes

Answer:

I = Prt

Explanation:

Dherik answered May 7, 2021

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