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What is the Effective Annual Rate (EAR) of 8.5%, compounded quarterly? Express your answer as a...
Interest of $383 was charged on a loan of $8,599 for 5 months. What simple annual...
Interest of $383 was charged on a loan of $8,599 for 5 months. What simple annual rate of interest, expressed as a percentage, was charged on the loan? Round your answer to 2 decimal places and do not enter any symbols such as $, % or commas.
Interest of $383 was charged on a loan of $8,599 for 5 months. What simple annual...
Interest of $383 was charged on a loan of $8,599 for 5 months. What simple annual rate of interest, expressed as a percentage, was charged on the loan? Round your answer to 2 decimal places and do not enter any symbols such as $, % or commas.
Find the EAR for the stated rate (APR) of 12.4 percent compounded quarterly. (Enter your answer...
Find the EAR for the stated rate (APR) of 12.4 percent compounded quarterly. (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)
What is the effective annual rate if the annual percentage rate is 13% compounded weekly? Enter...
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.
Find the effective annual interest rate (EAR) for each of the following: 4.00 percent compounded quarterly....
Find the effective annual interest rate (EAR) for each of the following: 4.00 percent compounded quarterly. (Round answer to 2 decimal places, e.g. 15.25%.) Effective annual rate % 4.80 percent compounded monthly. (Round answer to 2 decimal places, e.g. 15.25%.) Effective annual rate% 6.50 percent compounded semiannually. (Round answer to 2 decimal places, e.g. 15.25%.) Effective Annual Rate % 4.50 percent compounded daily. (Round answer to 2 decimal places, e.g. 15.25%. Use 365 days for calculation.) Effective Annual Rate %
You deposit $258 at the end of each quarter into an account that pays a nominal annual rate of 16% compounded quarterly...
You deposit $258 at the end of each quarter into an account that pays a nominal annual rate of 16% compounded quarterly. How much will you have in the account at the end of 15 years? Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas ("") or a decimal point("").
What is the effective annual rate (EAR) with an annual rate of 10.21% compounded continuously? Please...
What is the effective annual rate (EAR) with an annual rate of 10.21% compounded continuously? Please round your answer to the fourth decimal. (e.g. if the answer is 1.11%, you should input 0.0111).
The interest rate on a $100,000 loan is 7.5% compounded quarterly. What quarterly payments will reduce...
The interest rate on a $100,000 loan is 7.5% compounded quarterly. What quarterly payments will reduce the balance to $75,000 after five years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) PMT $
What is the effective rate of a loan with annual interest rate of 9% compounded daily...
What is the effective rate of a loan with annual interest rate of 9% compounded daily Express your answer as a percentage and round to two decimals. 9.42% 8.62% о 9.20% o 9.38% O None of the other answers are correct.
What simple interest rate, compounded quarterly, is equivalent to a 8.70% effective interest rate? (Note: present...
What simple interest rate, compounded quarterly, is equivalent to a 8.70% effective interest rate? (Note: present your answer in percentage form with 2 decimal places) show steps, be clear, will rate
Interest of $383 was charged on a loan of $8,599 for 5 months. What simple annual rate of interest, expressed as a percentage, was charged on the loan? Round your answer to 2 decimal places and do not enter any symbols such as $, % or commas.
Interest of $383 was charged on a loan of $8,599 for 5 months. What simple annual rate of interest, expressed as a percentage, was charged on the loan? Round your answer to 2 decimal places and do not enter any symbols such as $, % or commas.
You deposit $258 at the end of each quarter into an account that pays a nominal annual rate of 16% compounded quarterly. How much will you have in the account at the end of 15 years? Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas ("") or a decimal point("").
What is the effective rate of a loan with annual interest rate of 9% compounded daily Express your answer as a percentage and round to two decimals. 9.42% 8.62% о 9.20% o 9.38% O None of the other answers are correct.
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