Homework Answers
| Statement showing Computations | |
| Particulars | Amount |
| a) Semiannually = 2.7%/2 | 1.35% per half year |
| b)Quarterly = 2.7%/4 | .675% per quarter |
| c) Monthly = 2.7%/12 | .225% per month |
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Determine the periodic interest rate for a nominal interest rate of 2.7% compounded: (Round your answers...
Find the effective rate of interest corresponding to a nominal rate of 6%/year compounded annually, semiannually, quarterly, and monthly
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its all one big question. Find the equivalent interest rates to the given nominal interest rates....
its
all one big question.
Find the equivalent interest rates to the given nominal interest rates. a. Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 7.5% 0.00 % Round to two decimal places b. Nominal interest rate compounded monthly that is equivalent to 8% compounded quarterly 0.00 % Round to two decimal places c. Nominal interest rate compounded monthly that is equivalent to 6.5% compounded annually 0.00 % Round to two decimal places Brian...
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its
all one big question.
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