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Jerry N.

asked • 10/25/20

Find i​ (the rate per​ period) and n​ (the number of​ periods) for the following annuity. Semiannual deposits of ​$2,700 are made for 9 years into an annuity that pays 7.2​% compounded semiannually.

Find i​ (the rate per​ period) and n​ (the number of​ periods) for the following annuity.

Semiannual deposits of ​$2,700 are made for 9 years into an annuity that pays 7.2​% compounded semiannually.



i= ________ ​(Type an integer or a​ decimal.)

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