22 (Part ) (page 2 of 3)- Google Chrome du.om/mod/quiz/attempt.php?attempt-D1968400&cmid%3D901236&page%3D1 NING SYSTEM (ACADEMIC) 0107 Spring21 Time left 0:17: Suppose that a principal of $1000 accumulated to $1454 over a period of 5 years. Determine the nominal interest rate if it was compounding semiannually. O 7.63% O 1.63% 5.63% O 3.63%

Calculus: Early Transcendentals
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ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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22 (Part ) (page 2 of 3)- Google Chrome
du.om/mod/quiz/attempt.php?attempt%3D1968400&cmid%3D901236&page=1
NING SYSTEM (ACADEMIC)
0107 Spring21
Time left 0:17:
Suppose that a principal of $1000 accumulated to $1454 over a period of 5 years. Determine the nominal interest
rate if it was compounding semiannually.
7.63%
O 1.63%
O 5.63%
O 3.63%
Transcribed Image Text:22 (Part ) (page 2 of 3)- Google Chrome du.om/mod/quiz/attempt.php?attempt%3D1968400&cmid%3D901236&page=1 NING SYSTEM (ACADEMIC) 0107 Spring21 Time left 0:17: Suppose that a principal of $1000 accumulated to $1454 over a period of 5 years. Determine the nominal interest rate if it was compounding semiannually. 7.63% O 1.63% O 5.63% O 3.63%
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