Answered: 0.00 % cimal places terest rate…

0.00 % cimal places terest rate compounded monthly that is equivalent to 4% compou 0.00 % cimal places SUBMIT QUESTION is equivalent 1% compo compounded quarterly

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance

Section: Chapter Questions

Problem 4.8P

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Question

Find the equivalent interest rates to the given nominal interest rates.
a. Nominal interest rate compounded quarterly that is equivalent to an effective
interest rate of 8%
0.00 %
Round to two decimal places
b. Nominal interest rate compounded monthly that is equivalent to 4% compounded
quarterly
0.00 %
Round to two decimal places
SUBMIT QUESTION
c. Nominal interest rate compounded quarterly that is equivalent to 4% compounded
annually
0.00 %
Round to two decimal places
SUBMIT QUESTION
>
↑

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