At what nominal rate, compounded semi-annual, would $6,000.00 have to be invested to amount to $9,066.41 in 6 years? The rate would be %. (If needed, round to 1 decimal place.)

At what nominal rate, compounded semi-annual, would $6,000.00 have to be invested to amount to

$9,066.41 in 6 years?
The rate would be
%. (If needed, round to 1 decimal place.)

1 Answer

At what nominal rate, compounded semi-annual, would $6,000.00 have to be invested to amount to $9,066.41 in 6 years? The rate would be %. (If needed, round to 1 decimal place.)<…

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