What is the equivalent rate of 6% compounded quarterly to compounded bi-monthly? Group of answer choices 5.9851% 5.8851% 5.6851% 5.7851%   5. How many times does an interest pays a year if it is compounded weekly? Group of answer choices 52 360 50 48

Q: What's the present value of $1,025 discounted back 5 years if the appropriate interest rate is 6%,…

A: In a world where the value of money fluctuates over time, investors may use present value as a core…

Q: An interest rate of 10% compounded monthly is given, compute for the interest rate per period? O…

A: The periodic rate equals the annual interest rate divided by the number of periods

Q: Nhat compound interest rate j, is equivalent over 11-year period to a compound interest rate of…

A: The future value of a lump sum: The value of an amount invested today, at a given rate of interest,…

Q: 3. For payments shown in the following table, and assuming the interest rate (10%), what is the five…

A: Present value is the discounted value of money considering the interest rate and time of annual…

Q: What is the nominal annual rate of interest compounded monthly at which ​$1663.00 will accumulate to…

A: Number of monthly periods = Number of years×12 =3.25×12=39 Monthly interest rate is calculated using…

Q: Find the future values of the following ordinary annuities: FV of $800 paid each 6 months for 5…

A: Future value of annuity is stream of recurring at regular interval cashflow compounded at specified…

Q: What nominal annual discount rate compounded semiannually is equivalent to a nominal rate of…

A: Nominal Interest Rate: When the market inflation is not taken into consideration while computing the…

Q: Which of the following interest rates will result in the highest amount of interest being charged?…

A: Effective Annual rate of interest(EAR) = wherei = nominal interest rate per annumn = number of…

Q: A bank quotes an interest rate of 5% per year with quarterly compounding. What is the equivalent…

A: The effective interest rate is the true cost of borrowing, taking into account the compounding of…

Q: if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: 3-12 What sum of money now is equivalent to $8250 two year later a) if interest is 4 % per 6 month…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What is the nominal rate of interest at which money will be 5 times itself in 20 years and six…

A: Nominal interest refers to the stated or advertised interest rate on a financial instrument, such as…

Q: You deposit $137987 at 4.6% per year in a saving account. What is the interest at the end of one…

A: Under compound interest, the interest will be calculated on the interest earned and the deposit…

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: Determine the nominal rate for and interest rate of 1.5% per month compounded quarterly?

A: Nominal rate is the rate calculated without taking compounding into account

Q: Which of the following gives the smallest annual interest if 1 year is 365 days?     10.20% APR…

A: The EAR refers to the rate at which an investment earns interest after the effects of compounding…

Q: At an interest rate of 5% compounded annually, how much will a deposit of P2,000.00 be in 15 years.…

A: To calculate the future value we will use the below formula   Future value = PV*(1+r)t Where PV -…

Q: What is the effective annual interest rate when 12% per year is compounded quarterly? 0.13 or 0.23?

A: In this we have to calculate the effective interest rate annually.

Q: What is the equivalent effective rate of minal rate is 14.5%?

A: Nominal interest rate is interest rate without the impact of compounding but effective interest rate…

Q: What rate (in %) compounded monthly is equivalent to simple interest rate of 6.3% for 6 years? Round…

A: Simple interest rate p.a. = 6.3% So for 6 years, effective interest rate = 6.3%*6 = 37.8% No. Of…

Q: Finding the Interest Rate per Compound Period Principal Future Value Term Interest Interest Rate per…

A: Principal (P) = P 50,000 Future value (F) = P 114,860 Term = 2.5 Years Number of compounding periods…

Q: 1. A $200 loan is offered with an annual simple interest rate of 6 percent. How much would the…

A: Amount payable = Loan *(1+ interest rate* time period)

Q: uiva 6 1264%

A: Given information : Effective rate = 6% Times of compounding = 4

Q: What is the equivalent effective rate of interest compounded quarterly if the ne is 19.5%? O 20.97%

A: Effective rate is interest rate after considering the effect of the compounding and while nominal…

Q: 1 What is the discounted value of $3,500 that is due in 4 years if the interest rate is 4 3.32%…

A: Future value (FV) = $3,500 Semiannual interest rate (r) = 0.0166 (i.e. 0.0332 / 2) Semiannual period…

Q: What compound interest rate j,, is equivalent over 4-year period to a simple interest rate of 2.24 %…

A: Given Information: Time Period = 4 years First year simple Interest rate = 2.24% For balance three…

Q: much do ten P 6,945 quarterly payments amount nterest rate is 3 compounded quarterly if payments y…

A: In this we have to find present value FACTOR and than we can find present value.

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: •How much money must you invest today in order to withdraw P 14,766 annually for6 years if the…

A: PVA formula: pvadUE =A×1-11+RNR×1+R

Q: Annuity Due 6. if the present value of an annuity due of 2,000 payable semiannually is 28,000 and…

A: Due to the time worth of cash, cash got today is worth more than a similar measure of cash later on…

Q: What is the effective rate of 16% interest compounded semiannually?

A: In this question we require to compute the effective rate of 16% interest compounded semi-annually

Q: What rate of interest (in %) compounded quarterly will yield an effective interest rate of 8.6%?…

A: Effective Annual Rate: The effective annual rate of interest is the actual or the real rate of…

Q: What is the effective interest rate corresponding to a nominal annual rate of. (Round your…

A: Whenever the impacts of compounding over time are considered, the effective annual interest rate is…

Q: Q6. What's the present value of a perpetutity that pays $1,524 per year if the aprropriate interest…

A: The objective of the question is to calculate the present value of a perpetuity. A perpetuity is an…

Q: What is the effective rate (annually compounded rate) of interest corresponding to 9% compounded…

A: The effective annual rate (EAR) is the actual rate of interest that an investment earns over a year,…

Q: K What is the nominal annual rate of interest compounded monthly at which $1070.00 will accumulate…

A: Future value is that amount which will be received by the investor at the end of investment period.…

Q: Suppose you invest $3,800 today in an account that earns a nominal annual rate (inom) of 12 percent,…

A: Compound = Quarterly = 4Present Value = pv = $3800Interest rate = r = 12 / 4 = 3%Time = t = 12 * 4 =…