An interest of 8% compounded semi annually is how many percent if compounded quarterly?
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A: Given information: Present Value ₱2,000.00 Future value ₱5,000.00 Interest rate 6.00%
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A: In this question we need to calculate the effective annual rate (EAR).
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Q: Effective rate? 8% p.a compounded quarterly
A: Effective annual interest rate(EAR) refers to the real rate of return that we earn on our savings or…
Q: Effective rate? 12% p.a compounded quarterly
A: The effective annual rate of interest is the actual or the real rate of interest paid or received…
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Q: ective annual rate for a nominal annual rate of 12% compounded semi annually.
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Q: What nominal rate compounded semi-annually yields the same amount as 20 % compounded quarterly?
A: Given rate (r) = 20% quarterly compounded (Compounding frequency = 4) Let i = Nominal rate…
Q: if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…
A: Nominal Rate = 11.5% Continuous Compounding
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A: Compounding interest is the additional interest to the principal sum of the amount.
Q: tive rate? 4 % p.a compounded quarterly
A: Effective rate is the rate after considering the effect of the compounding.
Q: Given a 10% APR, what is the Effective Annual Rate, given quarterly compounding? _%
A: Effective rate = [ 1 + ( APR / Number of compounding per year ) ]Number of compounding per year - 1
Q: tive rate? 7% p.a compounded quarterly
A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…
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A: EAR = [(1+Nominal interest rate/n)^n]-1 where, n = compounding period In case of semi-annual…
Q: Determine the annual rate of interest compounded daily that is equivalent to 9% per annum compounded…
A: Interest rate per annum = 9% Monthly Interest Rate(r) =9%/12 = 0.75% Number of terms(n) = 1*12 = 12…
Q: What is the effective annual rate (EAR) of 8% per year, compounded monthly? Select one: O a. 8.66 %…
A: Nominal Interest Rate (r) is 8% Compounding Period is (m) is Monthly i.e. 12
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A: The formula used as follows: A=P1+rnn×t
Q: If the nominal rate is 16.5% per year compounded quarterly, what is the equivalent effective rate of…
A: Annual interest rate (R) = 16.5% Compounding per year (M) = 4 Period of effective rate (N) = 3 Years
Q: If $19,000 is invested at 5% compounded quarterly, what is the amount after 9 years? The amount…
A: Given: Present value = $19,000 Interest rate = 5% Years = 9
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A: EAR is effective annual rate i.e. equivalent interest rate for interest rate which are compounded…
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A: Compound Interest: It refers to the additional interest added to the principal amount of any deposit…
Q: What is the effective rate equivalent of 15% compounded quarterly?
A: Interest rate (r) = 15% Number of compounding per year (m) = 4
Q: ate of a nominal annual rate of 12% compounded
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A: a.
Q: Effective rate? 20 % p.a compounded quarterly
A: The effective annual rate of interest is the actual or the real rate of interest paid or received…
Q: nnual rate for a nominal annual rate of 12% compounded we
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A: Effective Annual Rate The effective annual rate of interest is the actual or the real rate of…
Q: What is the effective annual rate for an APR of 15.70 percent compounded monthly?
A: The effective annual Rate will be computed according to the formula..... i=(1+rm)m−1.. Where rm…
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A: We need to compute the effective annual rate in this question.
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A: Using excel FV function
Q: An interest rate of 10% compounded semianually is equivalent to how many percent compounded…
A: Effective Annual Interest rate(EAR) refers to the real rate of return that we earn on our savings or…
Q: What is the effective annual rate (EAR) for an APR of 10.90 percent compounded quarterly?
A: APR= 10.9% Compounded = Quarterly Find out Effective annual rate (EAR) Then for Quarterly APR=…
Q: e annual in
A: Given information : Effective annual interest rate = 8% Compounding period = 26 weeks
Q: what is the equivalent percent of 20% compounded quarterly if converted to compounded monthly.
A: Interest rate (r) = 20% Number of compounding per year (n) = 4 Effective annual interest rate =…
Q: What is the principal that will grow to $2600 in four years, one month at 4 5% compounded annualy?…
A: present value formula: present value =future value1+rnwhere,r=rate of interestn = number of years
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A: When money is borrowed or lent, the concept of interest charge is an important one. The interest may…
Q: e annual rate for a nominal annual rate of 12% compounded monthly.
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Q: A dollar invested today at 7.5 percent interest compounded annually will be worth one year from now.
A: In the given question we require to compute the value of dollar after one year if invested today at…
Q: What is the APY of 7%, compounded monthly? Round your answer to the nearest hundredth of a percent.
A: The real interest that an investor earns on the investment and a borrower pays on loan after…
Q: If 8% per year is compounded bi-annually, what is the effective annual rate?
A: The effective annual rate is the rate that has an annual compounding frequency. It is calculated to…
Q: What will be the amount of the sum Rs 1200 for one and half year at 40 percent of interest…
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
Q: What is the effective annual rate of 11.9 percent compounded continuously?
A: Effective annual rate is the interest rate which is derived at after considering the effect of…
Q: What are the effective annual rates of the following: a) 12% APR compounded monthly? b) 16% APR…
A: Effective Annual Rates (EAR) = ( 1+ APR/m)m - 1 APR = Annual Percentage Rate n = number of…
An interest of 8% compounded semi annually is how many percent if compounded quarterly?
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- if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate of interest per bi monthWhat is the effective annualized rate compounded continuously that is equivalent to 16.000% per annum compounded quarterlyWhat is the effective annualized rate compounded quarterly that is equivalent to 12.000% per annum compounded continuously?
- Suppose that $2700 is invested in an account with an APR of 3.9% compounded continuously. Determine the value of the investment at the end of 5 years. What is the annual percent change (APY) for the account?what is the equivalent percent of 20% compounded quarterly if converted to compounded monthly.Determine the effectivene annual yeild for 1 dollar invested for one year at 2 percent compounded quarterly
- An interest rate of 10% compounded semianually is equivalent to how many percent compounded quarterly?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$If $650 is invested at 6% compounded (A) Annually, (B) Quarterly, (C) Monthly, what is the amount after 7 years? How much interest is earned?
- 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) monthlyWhat is the APY of 7%, compounded monthly? Round your answer to the nearest hundredth of a percent.Find the nominal rate compounded semi annually which is equivalent to 20% compounded quarterly. What is the corresponding effective rate?