Rate per period = Annual rate / n
Rate per period = 0.019 / 2
Rate per period = 0.0095
For the following investment, find the total number of compounding periods (n) and the interest rate...
For the following investment, find the total number of compounding periods (n) and the interest rate per period (0 that you would substitute into the future value or present value formula . (Do not round.) Annuall Rate Rate per period (in decimal form) Time 7 years 3.8% semiannually Compounded Compounding periods
For the following investment, find the total number of compounding periods (n) and the interest rate per period (i) that you would substitute into the future value or present value formula . (Do not round.) Rate per period (in decimal form) Annual Rate Compounding periods Compounded Daily Time 4 years 1.825%
For the following investment, find the total number of compounding periods (n) and the interest rate per period (i) that you would substitute into the future value or present value formula. (Do not round.) Time 12 years Annual Rate 1.5% Compounded Monthly Rate per period (in decimal form) Compounding periods
For the following investment, find the total number of compounding periods (n) and the interest rate per period (i) that you would substitute into the future value or present value formula . (Do not round.) Time Annual Rate Compounded Rate per period (in decimal form) Compounding periods 8 years 4.5% Monthly
part 1 given info present value = periodic interest rate = number of compounding periods = 190.00 0.080 6.00 What is the future value (single payment)? part 2 future value periodic interest rate = number of compounding periods = 301.51 0.080 6.00 what is the present value (single payment)? part 3 periodic payment periodic interest rate = number of compounding periods = 340.00 0.02 8.00 What is the future value of this annuity? part 4 present value (amount borrowed) =...
Determine the values ofi (the interest rate per period), n (the number of interest periods), P (the present value), and F (the future value) for the following situation. A deposit of $500 invested at 27% interest compounded annually grows to 5556.23 in 4 years. i- n= (Type an integer or a decimal.) (Type an integer or a decimal) P=S (Type an integer or a decimal.) F-S (Type an integer or a decimal.)
part 1 future value = periodic interest rate = number of compounding periods = 1,000.00 0.035 32.00 "T" what is the present value (single payment)? part 2 periodic payment periodic interest rate = number of compounding periods = 32.00 0.035 32.00 What is the present value of this annuity? part 3 add part 1 and part 2 part 4 future value = periodic interest rate = number of compounding periods = 1,000.00 0.06 32.00 what is the present value (single...
Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $2,400 are made for 20 years into an annuity that pays 8.4% compounded semiannually. i=(Type an integer or a decimal.) n =
Find i (the rate per period) and n (the number of periods) for the following loan at the given annual rate. Semiannual payments of $5,000 are made for 12 years to repay a loan at 6.15% compounded semiannually. il (Type an integer or decimal rounded to four decimal places as needed.) n=0
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.)...