Zenith Financial offers an investment with a nominal interest rate of 10% compounded quarterly. What is the effective annual rate (EAR) for this investment?
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- Suppose that an investment promises to pay a nominal 9.6 percent annual rate ofinterest. What is the effective annual interest rate on this investment assuming thatinterest is compounded (a) annually? (b) semiannually? (c) quarterly? (d) monthly? (e)daily (365 days)? (f) Weekly?If the Nominal (APR) rate of return for an investment is 10.15% compounded quarterly, what is the Effective Annual Rate of return (EAR or EFF)?Find the effective annual rate for an investment that pays APR of 4.5% with Annual compounding Quarterly compounding Monthly compounding
- a. For an interest rate of 18% per year compounded continuously, calculatethe effective monthly and annual interest rates.b. An investor requires an effective return of at least 15%. What is the minimum annual nominal rate that is acceptable for continuous compounding?An investment of $2,500 is made for 8 months at an annual simple interest rate of 2.25%. What is the future value of the investment (in dollars)?An investment promises two payments of 650 on dates two and four months from today if the required rate of return on the investment is 5.5%. What is the value of the investment today?
- You make an investment into a money market account at time T=0. In year T=5, the value of the money market account will be $5,000. The money market account pays an annual interest of R=6%, and interest is compounded on a quarterly basis. What is the present value of this account?What is the present value of an investment in which the interest rate is 3.9% per year, compounded annually, with 6 regular withdrawals of $2500?An investor requires an effective return of at least 20 % per year. Find the minimum annual nominal rate that is acceptable for . i. monthly compounding li. quarterly compounding ii. semi annually compounding Iv. continuous compounding
- An investment pays you 9% interest, compounded quarterly. What is the periodic rate of interest? What is the nominal rate of interest? What is the effective rate of interest?An investment product promises semi-annual cashflows of $3,500 for the next 5 years. If the stated interest rate with monthly compounding is equal to 10%, what is the present value of the cashflows that the investment promises?Compute the PV of a perpetuity with monthly payments of $1,000, given an annual discount rate of 4% and a constant annual growth rate in the payment stream of 2% ?