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| rev | Admin | (Created page with "'''Solution: E''' Using the BAII Plus calculator: n = 12 PV = 911.37 PMT = -40 FV = -1000 CPT I/Y and you get 5.0% is the half-year rate: <math display = "block"> {\frac{i^{(2)}}{2}}.\ (1+i)=(1+0.05)^{2};i=0.1025 </math> {{soacopyright | 2023 }}") | Nov 19'23 at 19:28 | +253 |