for Weekly an interest rate 11% per year compounded calculate the annual effective interest rate that...
a. For an interest rate of 100% per year compounded continuously, calculate the effective daily, weekly, monthly, quarterly, semiannually, and annually interest rates. b. An investor requires an effective return of at least 12% per year. What is the minimum annual nominal rate that is acceptable for continuous compounding?
Calculate a weekly interest rate if the annual interest rate is 10.0%. Assume 52 weeks a year.
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.
Solve all questions accordingly.Q1. What is the effective annual rate (yield) of 11% compounded monthly?Format : 48.69Q2. An interest rate stated as nominal 11% compounded semi-annually is the same as ? per semi-annual .Format : 7Q3. The yield is 8.16 % for a rate compounding semi-annually. Calculate the nominal interest rate.Format : 7.33Q4. Meidrim has found her dream house. The house price is RM 360000 and the required downpayment is RM 72000. The loan that Meidrim has decided upon will...
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:
Your bank will pay you an interest rate of .077 percent compounded weekly. You want to have $20,000 in 6 years. How much will you have to deposit today? Assume 52 weeks per year.
What is the effective annual rate if the annual percentage rate is 13% compounded weekly? Enter your answer as a percentage rounded to two decimal places. Do not include the percentage sign in your answer. Enter your answer below.
If the nominal annual interest rate is 24% compounded continuously, then the effective interest rate per six-months is OA. (20.24 - 1) OB. (20.24 - 1) O C. 6x (20.02 - 1) OD. €0.04 - 1 O E. 20.12 - 1
Your bank will pay you an interest rate of .137 percent compounded weekly. You want to have $26,000 in 8 years. How much will you have to deposit today? Assume 52 weeks per year. $14,906.72 $24,213.38 $15,037.48 $14,992.67 $14,710.57
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.