3 years, 3 months ago, a bank account had a balance of $28,585 and was earning interest at a semi-annually rate. Since then, $830 has been withdrawn at the end of every month. After today's...


3 years, 3 months ago, a bank account had a balance of $28,585 and was earning<br>interest at a semi-annually rate. Since then, $830 has been withdrawn at the end of<br>every month. After today's withdrawal, the account is now empty. What nominal<br>interest rate did this account earn?<br>0.00 %<br>Round to 2 decimal places<br>

Extracted text: 3 years, 3 months ago, a bank account had a balance of $28,585 and was earning interest at a semi-annually rate. Since then, $830 has been withdrawn at the end of every month. After today's withdrawal, the account is now empty. What nominal interest rate did this account earn? 0.00 % Round to 2 decimal places

Jun 07, 2022
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