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A: In this question we need to calculate the effective annual rate (EAR).
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A: APR (r) = 16% per annum compounded quarterly
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A: Interest rate = 12% compounded quarterly We need to find the nominal rate compounded monthly which…
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A: In this we have to calculate the effective interest rate annually.
Q: What effective annual interest rate is equivalent to 9% compounded quarterly?
A: In this question we need to compute the effective annual interest rate compounded quarterly.
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A: Given: Nominal interest rate (r) = 9% Compounding is done quarterly.
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A: Effective Annual Rate: The effective annual rate of interest is the actual or the real rate of…
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A: EAR = [(1+Nominal interest rate/n)^n]-1 where, n = compounding period In case of semi-annual…
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A: Interest rate per annum = 9% Monthly Interest Rate(r) =9%/12 = 0.75% Number of terms(n) = 1*12 = 12…
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A: Effective Annual Rate: The effective annual rate of interest is the actual or the real rate of…
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A: Interest rate (APR) = 8.81% Compounding per year (M) = 4
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A: The annual percentage rate is is nominal rate of interest I.e. 12%
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A: Formula: Annual effective rate = ( 1 + r / N )N - 1 R = rate of return N = Period
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A: The effective annual rate of interest is the actual or the real rate of interest paid or received…
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A: In the given question we require to compute the effective annual rate if annual interest rate is 8%.
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A: Please refer next sheet
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A: Nominal interest rate is the rate which is the rate before adjusting inflation rate. It is the…
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A: We need to compute the effective annual rate in this question.
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A: Information Provided: Annual percentage rate = 28% Compouding = Monthly
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A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…
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A: Given information : Effective annual interest rate = 8% Compounding period = 26 weeks
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A: Since you have posted multiple questions, we will answer the first one for you. If you want a…
Q: What is the effective annual rate of 11.9 percent compounded continuously?
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Q: Determine the rate that represents the better deal. 9% compounded quarterly or 9 (1/4) , compounded…
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A: Effective Annual Rates (EAR) = ( 1+ APR/m)m - 1 APR = Annual Percentage Rate n = number of…
Q: An interest rate of effective 30% per year .compounded semiannually is nearest to
A: Interest rate per year= 30% Rate of interest when compounded semi annually=?
A financial institution quotes a rate of 6.45 percent compounded monthly.
What is the effective rate for the year?
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- What is the effective annual rate (EAR) for an annual percentage rate (APR) or a nominal annual rate of 12%, compounded semiannually? Compounded quarterly? Compounded monthly? Compounded daily? Compounded hourly?"If the nominal rate is 12% compounded semi-annually, the annual percentage rate is higher than the effective annual rate." TRUE OR FALSEAn interest rate is quoted as 3.75% per year compounded quarterly, what is the effective weeky rate?
- Which one of the following has the highest effective annual rate? 6 percent compounded monthly. 7 percent compounded quarterly. 8 percent compounded semiannually.An interest rate is quoted as 3.75% per year compounded quarterly. What is the effective weekly rate?Determine how much is in each account on the basis of the indicated compounding after the specified years have passed; P is the initial principal, and r is the annual rate given as a percent. (Round your answers to the nearest cent.) after one year where P = $7200 and r = 2.5% (a) compounded annually$ (b) compounded quarterly$ (c) compounded monthly$ (d) compounded weekly$ (e) compounded daily$
- Which one of the following has the highest effective annual rate?A. 6 percent compounded monthly.B. 6 percent compounded quarterly.C. 6 percent compounded semiannuallyAn interest rate is quoted as 3.75% per year compounded quarterly, what is the effective semi-annual rate?For an interest rate of 16 percent per year compounded semi-annually, determine the effective interest rate,(a) semi-annually, (b) annually, (c) quarterly, (d) monthly
