Q: .If $1000 is deposited at 12.5% p.a. for one year, what is the effective annual interest rate if…
A: Given, The amount deposited is $1000 The annual rate is 12.5%
Q: What is the effective annual rate for an APR of 10.30 percent compounded quarterly?
A: Effective Annual Rate: It represents the real annual rate considering the compounding effects are…
Q: What is the effective annual rate of 8.25 percent compounded quarterly? a. 8.38 percent b. 8.49…
A: The effective annual rate is calculated to take effect of compounding in a simple rate of return. It…
Q: 1. Find the effective rate (APR) for a nominal rate at (a) 7% p.a. compounded annually. (b) 8% p.a.…
A: Because you have asked a question with multiple parts , we will solve the first 3 parts for you as…
Q: What is the nominal rate if the effective rate is15.32% compounded semi-annually?
A: Effective annual rate (EAR) refers to a real interest rate which an investor is expect from his…
Q: What is the equivalent rate of 6% compounded quarterly to compounded monthly? O 5.6702% O 5.8702% O…
A: Effective Annual Interest rate(EAR) refers to the real rate of return that we earn on our savings or…
Q: Find the equivalent of 6% compounded semi-annually in a rate compounded quarterly 6.21% 5.56% 5.96%…
A: We need to calculate effective rate by using this equation Effective rate =(1+r/n)n -1 where…
Q: e? 6 % p.a compounded monthly
A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…
Q: 4. ΕΟΥ CF 0 20 1 21 $300 2 22 3 23 4 24 5 25 6 7 8 26 27 ? ? 9 28 29 ? ? 10 30 ? A deposit was made…
A: Future Value (FV): Future Value refers to the value of an asset or liability at a specified date in…
Q: What is the effective annual rate (EAR) for an annual percentage rate (APR) or a nominal annual rate…
A: EAR = [(1+Nominal interest rate/n)^n]-1 where, n = compounding period In case of semi-annual…
Q: What is the effective annual rate (EAR) for a nominal rate (monthly compounding) of 9.00%? 9.4130%…
A: Nominal rate = 9% Compounding = monthly
Q: What is the equivalent rate of 10% compounded semi-annually to compounded weekly? O 9.7672% O…
A: Effective rate of interest is the rate of interest compounded as per the tenure.
Q: What is the effective annual rate for an APR of 11.60 percent compounded quarterly? Multiple…
A: Effective annual rate of interest refers to the return that is received on investment or interest…
Q: What is the effective annual rate (EAR) of 8% per year, compounded monthly? Select one: O a. 8.66 %…
A: Nominal Interest Rate (r) is 8% Compounding Period is (m) is Monthly i.e. 12
Q: If the effective annual interest rate is 10%, what is the nominal annual rate if compounding is bi-…
A: Interest rate refers to the percentage at which a borrower pays the interest amount on the loan…
Q: 8%pa interest compound monthly What is Annual effective rate?
A:
Q: Find the effective rate of annual interest 9% that paid quaterly. a. 9.5% b. 9.3% c. 9.10% d. 9.0%
A: Given Details: Normal Interest Rate= 9% Compounding = Quarterly
Q: What is the effective annual rate for an APR of 15.10 percent compounded monthly? O 15.98% 15.18% O…
A: The effective annual rate (EAR) is the true annual interest rate that takes into account the…
Q: f i 5.8% per semiannual, compounded monthly, What is the nominal quarter rat
A: solution concept semi annual rate means the rate that is quoted for 6 months in compound interest…
Q: What is the effective annual rate or EAR of 8% compounded monthly? a. 6.14% b. 8.38% c.…
A: EAR = [1+i/m]^m - 1 where i - nominal rate m - no. of compounding periods per year
Q: An interest rate of 10% compounded monthly is given, compute for the interest rate per perio 0.83% O…
A: Interest Rate per period = Annual interest rate / no. of compounding period
Q: What is the effective annual interest rate if the nominal annual interest rate is 24% per year…
A: EAR is the effective annual rate of interest paid/received on a sum of money after taking…
Q: he x% compounded semi-annually on a nominal rate of 9% compounded conti
A: The more is compounding more is effective interest rate and less is compounding less is effective…
Q: 6. Find the nominal rate compounded monthly which is equivalent to 12% compounded quarterly.
A: Compound Interest Compound Interest refers to the interest generated on principal as well as on the…
Q: Find the effective annual rate of interest equivalent to a nominal rate of interest of 4.8%…
A: The effective annual interest rate is the real return on a savings account or any interest-paying…
Q: Which one of the following has the highest effective annual rate? A. 6 percent compounded monthly.…
A: effective annual rate = - 1wherer = given interest raten = frequency of compounding
Q: find the apy corresponding to given nominal rates 6.5% compounded monthly
A: Annual Percentage yield is calculated using the below formula, where, interest rate is 6.5% and…
Q: An account pays 2.9% compounded continuously. What is the effective quarterly rate?
A: The continuously compounded rate, r = 2.9%So the impact of continuous compounding on an amount, A…
Q: What is the effective annual rate, with a nominal annual rate of 10%, compounded monthly? - 10.0…
A: Details given in the question are : Nominal annual interest rate = 10% Compounded frequency =…
Q: What is the effective interest rate per payment period for an interest rate of 12% compounded…
A: The effective rate per period is the rate per period when the nominal rate is compounded at a…
Q: What are the effective annual rates of the following: a) 12% APR compounded monthly? b) 16% APR…
A: Effective Annual Rates (EAR) = ( 1+ APR/m)m - 1 APR = Annual Percentage Rate n = number of…
Q: What is the equivalent rate of 6% compounded quarterly to compounded monthly? 5.9702% 5.6702%…
A: The effective annual rate of interest is the real return on the savings account when the effects of…
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- What is the effective annual rate or EAR of 8% compounded monthly? a. 6.14% b. 8.38% c. 8.30% d. 6.47%What is the nominal rate if the effective rate is15.32% compounded semi-annually? O 14.39% O 14.69% O 15.81% O 13.67%What is the effective annual rate for an APR of 15.10 percent compounded monthly? O 15.98% 15.18% O 16.19% O 17.00% O 16.08%
- What is the effective annual rate (EAR) for a nominal rate (monthly compounding) of 9.00%? 9.4130% 9.3808% 9.4164% 9.3989% 9.4054%What is the effective annual rate (EAR) of 8% per year, compounded monthly? Select one: O a. 8.66 % Ob. 8.29% Oc. 7.72% O d. 8% lump tWhat is the equivalent rate of 6% compounded quarterly to compounded monthly?
- What is the equivalent rate of 6% compounded quarterly to compounded monthly? O 5.9702% 5.6702% 5.8702% 5.7702%If the effective annual interest rate is 10%, what is the nominal annual rate if compounding is bi- monthly? O a. 10.43% O b. 10.25% O c. 9.76% d. 9.61% e. 10.52%What is the equivalent rate of 10% compounded semi-annually to compounded bi-monthly?
- What is the equivalent rate of 10% compounded semi-annually to compounded weekly? 9.7672% 9.6672% 9.9672% 9.8672%What is the effective annual rate of 8.25 percent compounded quarterly? a. 8.38 percent b. 8.49 percent c. 8.25 percent d. 8.56 percent e. 8.51 percentWhat are the effective annual rates of the following: a) 12% APR compounded monthly? b) 16% APR compounded annually? c) 6% APR compounded daily?