Find the annual yield as a percentage for an annual interest rate of 3.63% compounded weekly. The annual yield is %. (Type an integer or decimal rounded to the nearest hundredth as needed.)

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: Given problem Given that   A = $ 2000 T = 15 years Rate of interest = 7% = 0.07 Compounded monthly…

Q: Find the effective annual yield to the nearest hundredth of a percent for an account paying 2%…

A: For compounded monthly, n=12

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: A passbook savings account has a rate of 5%. Find the effective annual​ yield, rounded to the…

A: Consider the provided question, Given, Interest rate(r)  =  5% = 0.05 Compounded periods = 1000 So,…

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

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Q: An account is compounded monthly for 5 years with an APR of 9%. For the principle amount of $15,000.…

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Q: What nominal rate of interest, compounded monthly, corresponds to an  effective rate of 4.5% ?

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Q: Determine the annual percentage yield (APY) for the given nominal annual interest rate and…

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 2% interest…

A: Given: Amount deposited=$1000Rate of interestcompound=2% quaterly To Find: Amount after 10 years.

Q: Find the total amount of interest to the nearest cent if the interest is compounded annually. $2750…

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Q: percent) Jose invests $7,250, at 8% interest, compounded quarterly for 10 years. Calculate the…

A: We will solve the problem

Q: 37500 dollars is invested at an interest rate of 5 percent per year, find the value of the…

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Q: Calculate the compound amount when  $8000 is deposit  in an account earning 9% interest compounded…

A: The answer is given below:

Q: $10,000 is invested for 10 years with an APR of 2% and quarterly compounding.

A: Given information P=$10,000 Rate of interest r=2%  ⇒r=2100=0.02 Time t=10 years For quarterly…

Q: Given: ₱50,000 at 11% compounded quarterly for 5 years. What is the interest rate per conversion…

A: Given that: Principal amount = ₱50,000 Rate of interest = 11% = 0.11 Number of years he amount is…

Q: Calculate the following rates a)the nomial rate compounded monthly which equivalent to 9./o…

A: a) The nominal rate interest formula is given by r=m×1+i1m-1 where m is the number of periods, and i…

Q: Find the effective rate of interest corresponding to a nominal rate of 12%/year compounded in the…

A:

Q: A credit card had an APR of 17.78% all of last year and compounded interest daily. What was the…

A:

Q: Use the compound interest formula for compounding more than once a year to determine the accumulated…

A: We have to use compounded quarterly summation formula.

Q: Find the total amount after 10 years for the initial deposit of $30,000 with the interest rate of 5%…

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

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Q: Find the annual percentage yield (to the nearest 0.01%) in each case. A bank offers an APR of 2.25%…

A: To find the annual percentage yield

Q: A house was valued at $120,000 in the year 1994. The value appreciated to $145,000 by the year 2004.…

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Q: Use the formula for present value of money to calculate the amount you need to invest now in one…

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Q: Find the present value of $30,000 due in 4 years at the interest rate of 5%/year compounded monthly?…

A: The future value of investment is A=$30,000 Number of periods is n=4×12=48 Periodic interest…

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: If 49900 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A: Formula for Compound Interest A=P1+rnnt where A= Accumulated amount P= Principal r= Rate of interest…

Q: Find the effective annual interest rate r ( as a percent) of the given nominal annual interest rate.…

A: Given: Nominal annual interest rate (i): = 7% = 0.07 and compounded monthly (n) = 12   here find the…

Q: Find the annual percentage  yield for an investment that earns 5 1/ 2% per year, compounded…

A: Given data: The amount is given by "A" The rate of interest per year is given by…

Q: Find the effective annual interest rater of the given nominal annual interest rate. Round your…

A: Topic- Interest

Q: Find the annual percentage yield for an investment that earns 8% per year, compounded monthly.

A: We have to find the percentage yield for an investment that earns 8% per year compounded monthly. We…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 4% interest…

A:

Q: Find the effective yield of an investment that earns 3.95% compounded monthly. % round to the…

A: Formula used EAR = (1+i/n)^n -1

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

A: Consider the given information.

Q: What is the annual percentage yield (APY) for money invested at an annual rate of (A) 4.19%…

A: We have to find the annual percentage yield (APY).

Q: Find the annual yield corresponding to a nominal rate of 8 1/2% compounded monthly.

A: Annual yield implies the total amount earned on the investments or deposits done, when the interest…

Q: The compounded amount of a $5,000 investment at 7% interest compounded semiannually for 4 years is…

A: We will solve the following

Q: Find the annual yield corresponding to the nominal rate of 4% compounded quarterly. (Round the…

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Q: Find the missing interest earned.   Principal   Rate   Compounded   Time   Final Amount…

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Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

A: To determine the initial amount (principal) in the given compound interest problem

Q: Find the balance of $1000 is interested at an annual interest rate of 10% per 2 years compounded on…

A: Express the compound interest formula. A=P1+rnnt Here, A is the amount, r is the interest rate, P is…

Q: 19. Determine the nominal rate which, if converted semi-annually, may be used in place of the rate…

A: We are given rate of 5%, compounded quarterly. ⇒ It is equivalent 5%×4  i.e. 20%  compounded…

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 15…

A: Compound Interest Formula:  A=P1+rnnt where A = Amount            P= Principal            r = Annual…

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

A: Given: N = 15 Years P15 = $6000 r = 5% = 0.05 k = 1 P0 = ? Formula Used: PN = P01+rkNk PN = Balance…

Q: A credit card had an APR of 23.83% all of last year and compounded interest monthly. What was the…

A: GIVEN   APR = 23.83%   COMPOUNDED MONTHLY  MEANS  n = 12 EFFECTIVE INTEREST = ?

Q: Use the compound interest formula A=P(1+ r/n)nt   to approximate the final value of $3300 at 3%…

A:

Q: If 21900 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A:

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

A: Let the amount to be invested be P

Q: June made an initial deposit of $7500 in an account for her son. Assuming an interest rate of 2%…

A: Given that t=time=17 yearsr=interest rate=2%=0.02A=annuity=?n=number of times compounded in a…