Revision as of 19:28, 19 November 2023 by 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 }}")
Exercise
ABy Admin
Nov 19'23
Answer
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]]
{\frac{i^{(2)}}{2}}.\ (1+i)=(1+0.05)^{2};i=0.1025
[[/math]]
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