The formula is
A=p (1+r)^t
A future value 572.6
P present value 560
T time 6/12 =1/2=0.5
R interest rate?
We need to solve for r
R=(A/p)^(1/t)-1
R=(572.6÷560)^(1÷0.5)−1
R=0.0455×100
R=4.55%
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