Find the effective rate corresponding to the given nominal rate. (Use a 365-day year.) 8%/year compounded semiannually %/year

Q: Find the effective rate of 14% compounded quarterly of a year.

A: Interest refers to the amount that is charged on the lent or borrowed amount as charges for the…

Q: What is the effective annual rate (EAR) if the stated rate is 8 percent and compounding occurs…

A: In this question we need to calculate the effective annual rate (EAR).

Q: Find the effective rate corresponding to the given nominal rate. (Use a 365-day year. Round your…

A: Given: Nominal rate (r) = 2% = 0.02 Compounding is being done daily.

Q: Find the nominal rate that if converted quarterly could be used instead for 15% compounded…

A: Nominal rate with semiannual compounding = 0.15 or 15% Number of semiannual compounding in a year =…

Q: If 16% pa is an annual percentage rate (APR) compounding every quarter, which of the following is…

A: APR (r) = 16% per annum compounded quarterly

Q: Find the nominal rate compounded quarterly of 30 % compounded monthly.

A: Effective annual interest rate(EAR) refers to the real rate of return that we earn on our savings or…

Q: For an interest rate of 3% per quarter, determine the nominal interest rate per (a) semiannual…

A: In order to compute the interest amount, the interest rate is required to be multiplied by the…

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

A: The effective rate of interest can be calculated by using this equation EAR =1+rnn Where r= nominal…

Q: Given the rate per compounding period, find r, the annual rate 0.25% per month

A: P =R / M Here P = Rate per compounding period R= Annual rate M=Times amount compounded

Q: Find the nominal rate, which if converted quarterly could be used instead of 12% compounded…

A: Let the nominal rate converted quarterly = r Semiannually compounded rate = i = 12% Compounding…

Q: ective annual rate for a nominal annual rate of 12% compounded semi annually.

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

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: An interest of 8% compounded semi annually is how many percent if compounded quarterly?

A: Formula: Effective interest rate=1+rnn-1where,r=nominal raten=number of compounding periods in a…

Q: Find the effective rate of 14% compounded quarterly of a year.

A: The effective rate of interest(EAR) can be calculated by using this equation Effective rate of…

Q: Find the effective rate corresponding to the given nominal rate. (Use a 365-day year. Round your…

A: Given: Nominal interest rate (r) = 9% Compounding is done quarterly.

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: Calculate the annual effective rate equivalent to a nominal rate of 8.84% compounded quarterly.…

A: Given: Nominal rate for quarterly compounding = 8.84% Annual effective rate = (1 + rq/ n)n -1 where…

Q: Use the given annual interest rate r and the compounding period to find i, the interest rate per…

A: Information Provided: 5.45% compounded monthly

Q: What is the effective annual rate (EAR) for an annual percentage rate (APR) or a nominal annual rate…

A: EAR = [(1+Nominal interest rate/n)^n]-1 where, n = compounding period In case of semi-annual…

Q: What is the rate compounded semi-annually that results in $625 accumulating to $1100 in 42 months?

A: The compounded rate refers to the rate per period. In order to get the compounded rate the annual…

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

Q: "If the nominal rate is 12% compounded semi-annually, the annual percentage rate is higher than the…

A: The annual percentage rate is is nominal rate of interest I.e. 12%

Q: Find the nominal rate compounded monthly equivalent to the rate of interest of 8 % compounded…

A: Compound interest also called interest on interest. It is the addition of interest in the principal…

Q: If the APR is 10% and compounding is monthly, then the Effective Annual Rate is:

A: Using the Effective function in excel

Q: Find the nominal rate compounded semi annually which is equivalent to 20% compounded quarterly. What…

A: Nominal Rate = 20% Compounded Quarterly Number of compounding periods = 4

Q: What is the present value of P2,500 semiannual payments received at the beginning of each period for…

A: Please refer to the image below

Q: What is the EAR corresponding to a nominal rate of compounded semiannually? Compounded 10%…

A: EAR is effective annual rate i.e. equivalent interest rate for interest rate which are compounded…

Q: ate of a nominal annual rate of 12% compounded

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

Q: Find the nominal rate compounded annually equivalent to the rate of interest of 8 % compounded…

A: Nominal interest rate is the rate which is the rate before adjusting inflation rate. It is the…

Q: nnual rate for a nominal annual rate of 12% compounded we

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

Q: Use the given annual interest rate r and the compounding period to find i, the interest rate per…

A: GIVEN, annual interest rate (r) = 5.45% frequency of compounding (m) =12 (monthly compounding)

Q: What is the effective annual rate (EAR) of 8% per year, compounded monthly? Select one: O a. 8.29% O…

A: given, r=8% m = 12 ( monthly compounding)

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…

Q: Calculate the effective annual rate for 9.4% compounded quarterly.

A: We need to compute the effective annual rate in this question.

Q: Find the effective rate corresponding to the given nominal rate. (Use a 365-day year.) 6%/year…

A: Return on investment is the rate of amount received each period of investment compared to the…

Q: Calculate the effective rate of 6% compounded quarterly

A: Interest rate = 6% 1 year = 4 quarter Annual  Effective rate = (1+r/n)^n -1 r = interest  n= years…

Q: What is the effective annual rate, with a nominal annual rate of 10%, compounded monthly? - 10.0…

A: Details given in the question are : Nominal annual interest rate = 10% Compounded frequency =…

Q: e annual rate for a nominal annual rate of 12% compounded monthly.

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

Q: Find the uniform annual amount equivalent to a uniform gradient series in which the payment for the…

A: The annual equivalent amount is the equivalent amount of cash flow an cash flow with an unequal…

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: Compute the nominal annual rate of interest compounded quarterly at which $300.00 paid at the end of…

A: Solution:- When an equal amount is deposited each period at end of period, it is called ordinary…

Q: In general, which rate yields the larger amount in one year? (A) 13% compounded semi-annually (B)…

A: The rate that would yield a higher value can be calculated by comparing the effective annual rate of…

Q: Determine the rate that represents the better deal. 9% compounded quarterly or 9 (1/4) , compounded…

A: Effective annual interest rate is the real rate that we earn on our savings or paid onto a loan when…

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=?