Nominal Annual Rate of Interest Assignment
February 18th, 2020
Jocelyn contributed $90.00 every three months into an RRSP for 5 years. What nominal annual rate of interest will the RRSP earn if the balance in Jocelyn’s account just after she made her last contribution was $2,200.00? The nominal annual rate of interest is _______% compounded quarterly.Get Finance homework help today