given that I(9)= 3.6% find the equivalent annual effective interest rate.
given that I(9)= 3.6% find the equivalent annual effective interest rate.
4. Find the effective bimonthly interest rate equivalent to: (a) nominal annual interest of 9%, compounded 6 times per year; (b) nominal annual discount of 6%, compounded quarterly; (c) 1/2 nominal annual interest of 8%, compounded continuously.
an annual effective interest rate of 7%. Find the corresponding rates that are equivalent to this annual effective interest rate. Round all responses as Xxxx%. a.) Nominal semiannual interest rate
What is the effective annual interest rate equivalent of a nominal rate given as 12% compounded quarterly?
Assume that nominal effective interest i(12) = .03. Find ? a) Annual effective interest rate i ? b) Monthly effective interest rate j ? c) Nominal interest rate i(52) compounded weekly. ? d) Nominal discount rate d(365) compounded daily.
An effective annual interest rate of 20 % is equivalent to a stated annual interest rate of compounded 4 times per year. Select one: a. 18% b. 17% c. 18.7% d. 19.2% e. 17.5%
2. What nominal annual interest rate compounded monthly is equivalent to an effective annual interest rate of 8% per year for the first 10 years followed by a nominal annual interest rate of 5% compounded daily for the second 10 years? Give your answer as a percent rounded to three decimal places. Answer:
The bank offers a weekly interest rate of 0.1%. What is the equivalent effective annual interest rate? (Round to 2 decimals.)
2. Given i(2) = 5%, find the annual effective rate i. (Ans: 0.050625)
You took out a loan with an effective annual interest rate of 15 percent. What is the equivalent semi-annual (6 month) interest rate on this loan? Note: I don't want the APR, I want the EPR (the actual 6 month interest rate). (Click to select) < Prey 29 of 36 $ext > MacBook Air
Calculate the equivalent annual worth of the following scheduled payments at an interest rate of i= 15%! $200 $200 $200 $200 $200 $200 $150 $150 $100 $150 $150 $100 0 1 2 3 4 5 6 7 8 9 10 11 12 Click the icon to view the interest factors for discrete compounding when i = 15% per year The equivalent annual worth is $ (Round to the nearest dollar)