Question

5. Compraste una escultura hace tres años por $1,500,000. Hoy vale $ 4,500,000. (Muestre sus cálculos y diagramas de flujo de efectivo) a. ¿Qué tasa de interés trimestral ganó si el interés se capitalizotrimestralmente? (2 puntos) b. ¿Qué tasa de interés diario ganó si el interés se capitalizódiariamente? (2 puntos)

Answer 1

a. Calculation of Rate of Interest, if the interest rate is compounded quarterly :

Answer : 38.349% per year

Calculation with Formula:

Where r = n [(A/P)1/nt -1]

r = Rate of Interest;

n = Number of compounding periods per unit t;

A = Accured Amount (Principal + Interest)

P = Principal amount

r = R/100

t = Time

b) Calculation of Rate of Interest, if the interest rate is compounded daily :

Answer : 36.639% per year

Calculation with Formula:

Where r = n [(A/P)1/nt -1

r = Rate of Interest;

n = Number of compounding periods per unit t;

A = Accured Amount (Principal + Interest)

P = Principal amount

r = R/100

t = Time