michelleleannyay michelleleannyay

16-09-2020
Mathematics

contestada

Kayla currently has an account balance of $2,134.96. She opened the account 12 years ago with a deposit of $1,327.35. If the interest compounds twice a month, what is the interest rate on the account?

Respuesta :

KeairaDickson KeairaDickson

16-09-2020

Answer:

The interest calculated is 3.96%.

Step-by-step explanation:

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