1. Find the interest rate per conversion period (i) and the total conversionperiods (n) at the end of the indicated time.a) 8 years at 10% compounded quarterlyb) 4 years at 12% every two monthsc) 7½ years at 9% compounded semi-annuallyd)3 years and 3 months at 18% compounded quarterlye) 8 years and 6 months at 12% compounded monthlyf) 96 months at 5% compounded monthly33 months at 18% compounded monthly1½ years at 5% compounded semi-annually11 years at 16% compounded quarterlyg)h)i)j) From April 24, 2008 to July 24, 2012 at 18% compounded quarterly

The conversion period is a time period when the duration of time is converted compounded time…

Answered: 1. Find the interest rate per…

1. Find the interest rate per conversion period (i) and the total conversion periods (n) at the end of the indicated time.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 18E

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Question

1. Find the interest rate per conversion period (i) and the total conversion
periods (n) at the end of the indicated time.
a) 8 years at 10% compounded quarterly
b) 4 years at 12% every two months
c) 7½ years at 9% compounded semi-annually
d)
3 years and 3 months at 18% compounded quarterly
e) 8 years and 6 months at 12% compounded monthly
f) 96 months at 5% compounded monthly
33 months at 18% compounded monthly
1½ years at 5% compounded semi-annually
11 years at 16% compounded quarterly
g)
h)
i)
j) From April 24, 2008 to July 24, 2012 at 18% compounded quarterly

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