Semi-annual rate compounded semi-annually Annual rate compounded quarterly Annual rate compounded continuously 30 day rate compounded every 30 days Annual rate compounded weekly (use n = 7/365)
Semi-annual rate compounded semi-annually Annual rate compounded quarterly Annual rate compounded continuously 30 day rate compounded every 30 days Annual rate compounded weekly (use n = 7/365)
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 22PROB
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Question
HI,
How do I calculate these using a formula? Not excel. Thanks
If the stated annual rate of interest compounded semi-annually is 12.5% then what is
the equivalent:
![Semi-annual rate compounded semi-annually
Annual rate compounded quarterly
Annual rate compounded continuously
30 day rate compounded every 30 days
Annual rate compounded weekly (use n = 7/365)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff0a8a8b2-22c4-42fd-96b3-e86c4fe33385%2F1b2502ec-9fda-4e74-ba5f-d431d61efe7c%2F6ub52jl_processed.png&w=3840&q=75)
Transcribed Image Text:Semi-annual rate compounded semi-annually
Annual rate compounded quarterly
Annual rate compounded continuously
30 day rate compounded every 30 days
Annual rate compounded weekly (use n = 7/365)
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