The first-year one-year interest rate is 1.84%, the second-year (also one-year) interest rate is 2.36%,...
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The first-year one-year interest rate is 1.84%, the second-year (also one-year) interest rate is 2.36%, the third-year (also one-year) interest rate is 2.82%, and the fourth-year (also one-year) interest rate is 3.47%. What is the four-year total holding interest rate if you reversed the sequence of rates (highest in year 1 , lowest in year 4)
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