Calculate the EAR:
-5% annually
-5% semiannually
-5% quarterly
-5% monthly
5% annually | Effective rate of return | (1+r/n)^n -1 | (1+5%/1)^1 -1 | 5% |
5% semi annually | Effective rate of return | (1+r/n)^n -1 | (1+5%/2)^2 -1 | 5.06% |
5% quartely | Effective rate of return | (1+r/n)^n -1 | (1+5%/4)^4 -1 | 5.09% |
5% monthly | Effective rate of return | (1+r/n)^n -1 | (1+5%/12)^12 -1 | 5.12% |
Calculate the EAR: -5% annually -5% semiannually -5% quarterly -5% monthly
Find the effective rate of interest corresponding to a nominal rate of 6%/year compounded annually, semiannually, quarterly, and monthly. (Round your answers to two decimal places.)
13.1.21 # $7000 is invested at 9% compounded (a) annually. (b) semiannually, or (c) quarterly, what is the amount after 6 years? (a) If it is compounded annually, what is the amount after 6 years? A= $ 11739.7 (Round to the nearest cent as needed.) (b) If it is compounded semiannually, what is the amount after 6 years? A = $ 11,871.17 (Round to the nearest cent as needed.) (c) If it is compounded quarterly, what is the amount after...
You are considering three alternative investments: A three-year bank CD paying 7.18 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, e.g. 15.25%.) Effective annual rate A three-year bank CD paying 6.98 percent compounded monthly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, e.g. 15.25%.) Effective annual rate A three-year bank CD paying 7.48 percent compounded annually. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, e.g....
Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $4,000 is deposited initially at 1 1% annual interest for 6 years, and (2) determine the effective annual rate (EAR) (1) The future value, FVn is (Round to the nearest cent) (2 If the 11% annual nominal rate is compounded annually, the EAR is 96 Round to two decimal places. (1) The future value, FVn, is S(Round to the nearest cent.) (2) If the...
Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $6,000 is deposited initially at 11% annual interest for 7 years, and (2) determine the effective annual rate (EAR) Annual Compounding (1) The future value, Vn, is (Round to the nearest cent.) 2) If the 11% annual nominal rate is compounded annually the EAR is 96 Round to two decimal places Semiannual Compounding (1) The future value, Vn, is (Round to the nearest cent.)...
I don't understand anything about percentages. I need all of them the semiannually,quarterly, and monthly.
Find the EAR in each of the following cases Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 11.50 % Quarterly % 14.50 % Monthly % 17.50 % Daily % 13.50 % Semiannually %
What is the effective annual rate? What is the EFF% or EAR for a nominal rate of 20% compounded semiannually? Compounded quarterly? Compounded monthly? Compounded daily?
a comprehensive non financial size up should be done_____. a. monthly b. quarterly c. annually d. as needed
Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Stated Rate (APR)Number of Times CompoundedEffective Rate (EAR)10.50%Quarterly%15.50%Monthly%16.50%Daily%12.50%Semiannually%