What was your nominal annual rate of return what was your


Assume you deposited $500 in an investment account every six months for a period of 2 years and your account grew to a value of $2,219.98. (Round your answer to the nearest one-hundredth of one percent.) (Answer format: x.xx%) a. What was your periodic (six month) rate of return? b. What was your nominal annual rate of return? c. What was your effective annual rate of return.

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