19. Determine the nominal rate which, if converted semi-annually, may be used in place of the rate 5%, compounded quarterly.

Q: You buy a zero coupon bond with a face value of $13,000 that matures in 24 years for $8,000. What is…

A:

Q: (ii) What would be the annual interest rate needed to triple over ten years an initial $5000…

A:

Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…

A:

Q: You buy a zero coupon bond with a face value of $13,000 that matures in 11 years for $7,000. What is…

A: When the interest is compounded, then the formula used is A=P1+rnnt , where, A is the final amount,…

Q: Find the effective rate corresponding to the given nominal rate. Round to the nearest hundredth 7)…

A: To calculate the effective rate  given the nominal rate.

Q: 9) Find the effective rate of interest correspe nominal rate of 7%per year compounded. a.…

A:

Q: Capitec bank announced that their saving account would pay a nominal interest rate of 11% p.a…

A: The effective interest rate for a period is the interest paid for the specific amount of time or…

Q: What is the annual percentage yield for an account with a nominal interest rate of 12%, compounded…

A: The formula for annual percentage yield is, APY = (1 + i/n)n – 1, where I is the nominal interest…

Q: Find the effective rate to the nearest hundredth for nominal interest rate. 7% compounded quarterly

A:

Q: 5. Joanne deposits $4,300 into a 1-year CD at a rate of 2.3%, compounded daily. a. What is her…

A: The formula for compound interest is A=P1+rnnt where P is the principle amount A is the amount n is…

Q: An interest rate of 8% per 6 months, compounded monthly, is equivalent to what effective rate per…

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Q: Find the interest rate needed for an investment of $9,000 to triple in 7 years if interest is…

A:

Q: Determine the effective annual yield for​ $1 invested for 1 year at 6.7​% compounded quarterly.

A: We have to determine effective annual

Q: Find the effective rate corresponding to the given nominal rate 10% compounded semiannually.

A: Given; Nominal rate , r= 10% Semiannually, n=2

Q: If $8,000 is invested at 3% compounded quarterly, what is the amount after 5 years? The amount after…

A: Given that, P = $8000 r = 0.03 n= 4 t = 5 years The formula for calculating the compound interest…

Q: What interest rate, compounded quarterly, results in an annual percentage yield (APY) of 4%?…

A: It is given that annual percentage yield is 4%. The annual percentage yield is calculated by the…

Q: Find the effective yield for the investment. Round to the nearest hundredth of a percent. 6%,…

A: Rate of interest , r = 6% = 0.06 [ convert r to a ratio from percentage] Investment is compounded…

Q: If an investment grew to $13,500 in 3 years and the interest amount earned was $1,531.34, calculate…

A: To find out the compound interest.

Q: 5a. $10,000 is borrowed at 6% per year compounded monthly. What is the effective annual interest…

A: $10,000 is borrowed at 6% per year compounded monthly.

Q: What is the annual percentage yield of 5% compounded quarterly?

A:

Q: 8. What amount of money is equivalent to receiving $5000 two years from today, if interest is…

A: $5000 two years from today, interest is compounded quarterly at the rate of 2.5 per quarter

Q: Find the interest rate needed for an investment of $8,000 to triple in 15 years if interest is…

A: To find the interest rate needed for an investment of $8000 to triple in 15 years if interest is…

Q: Find the effective rate of Interest that is equivalent to an 6% rate compounded monthly. 6.09 % O…

A: Answer is mentioned below

Q: Find the effective rate of the interest that is equivalent to an 3% rate compounded monthly. O 1.00…

A:

Q: Suppose a credit card has an APR of 22.41% and changes its compounding period from daily to monthly.…

A: Suppose a credit card has anAPR of 22.41% and changes itscompounding period from dailyto monthly.…

Q: Find the interest rate needed for an investment of $5,000 to triple in 13 years if interest is…

A:

Q: Find the effective rate of interest corresponding to a nominal rate of 11.5% per year compounded…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Determine the nominal interest rate compounded half yearly if the effective interest rate is 8% per…

A: Provided information is ; effective rate per annum(i) = 8% compounding period(m) = 6 months…

Q: Anibal invests $4,250 at 6% loterest, compounded quarterly for 1 year. Calculate the effective…

A: Consider the given information.

Q: Find the effective rate of interest corresponding to a nominal rate of 6% compounded semiannually.

A:

Q: Find the effective rate of the interest that is equivalent to an 9% rate compounded monthly. O 18.81…

A:

Q: Suppose you saw a sign at your local bank that​ said, ​"5.3​% rate compounded semiannually – 5.5​%…

A: Given the data :

Q: Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an interest rate…

A:

Q: If the present value of a cash flow at an annual rate of interest of 4.5% is $30000, what is the…

A: When the interest is compounded, then the formula used is A=P1+rnnt , where, A is the final amount,…

Q: 13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A: Principal : 50,000 Interest amount : 10,000 Rate = 4%=0.04

Q: If an investment grew to $11,500 in 3 years and the interest amount earned was $1,400, calculate the…

A: NOTE: Refresh your page if you can't see any equations. . future value is A=11500 the interest is…

Q: Calculate to the nearest cent  in the present value of an investment that will be worth $1000 at the…

A:

Q: 1. Find the nominal rate of interest compounded monthly corresponding to the effective rate 6.09%…

A: Given that the effective rate 6.09% per annum.

Q: Find the effective rate corresponding to the given nominal rate 10% compounded semiannually. ​

A:

Q: Find the effective rate of interest corresponding to a nominal rate of 2.6%/year compounded…

A: Given, r=2.6% effective annual interest rate is, R=1+rkk-1 1) Annually k=1 R=1+2.611-1R=3.6-1R=2.6…

Q: Find the time required for an investment to triple in value if invested in an account paying 4%…

A: A=P1+rnntP is the amount investedA is the amount after t years.r is the rate of interestn=12 for…

Q: A company wants to have $240,000 available at 4 1/2 years for new construction how much must be…

A: Given A company wants to have $240,000 available at 4 1/2 years for new construction  to find how…

Q: 12.) What is the rate on an investment that doubles $3171 in 14 years? Assume interest is compounded…

A: Let the rate of interest be r/ year.Since the interest compounded quarterly, the rate of interest…

Q: Find the interest rate needed for an investment of $3,000 to triple in 11 years if interest is…

A: To find the interest rate we use compound interest formula A=p1+rnnt where p is the amount invested…

Q: This type of calculation assumes the payment is to be done once a year while the compounding occurs…

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Q: Your 6 1/4 year investment of $40,000 at 14% compounded quarterly is worth how

A: We have to find the amount

Q: - Given a nominal interest rate of 5.3%, compounded daily, determine the APY.

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: A bank offers 7.5% interest compounded monthly. What is the annual percentage yield (APY)?

A: Given  A bank offers a 7.5% interest compounded monthly. Here r=0.075 k=12

Q: 5. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A:

Q: 9. (SLO) How much should a mother invest at the time her son is born to provide him with $80,000 at…

A: To find how much should a mother invest at the time her son is born to provide himwith $80,000 at…