Q: What nominal rate compounded monthly is equivalent to 20% compounded annually? Round off your answer…
A: Effective annual interest rate represents the total interest rate after taking compounding effect…
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A: Nominal rate with semiannual compounding = 0.15 or 15% Number of semiannual compounding in a year =…
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: 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…
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A: Given Information Annual rate =12.96% To find -Annual Compounding rate per semester equivalent to…
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: nd the nominal rate which if converted semi - annually could be used instead of 12% compounded bi -…
A: In this we have to find out the effective rate for both options and than find equivalent rate.
Q: If the effective annual interest rate is 15% then what is the equivalent annual rate compounded…
A: Effective annual rate (EAR) = 15% Number of compounding per year (m) = 4
Q: If the stated annual rate of interest compounded semi-annually is 12.5% then what is the equivalent…
A: Interest rate (APR) = 12.5% Number of compounding per year (m) = 2
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…
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: Estimate the effective annual rate (EAR) for a continuously compounded annual nominal rate of 9.00%.
A: Given, The nominal rate is 9.00% The formula of EAR (continuous compounding)…
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: 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: For an effective interest rate of 16% per annum, what is the equivalent nominal annual rate…
A: The periodic interest rate is multiplied by the number of periods in a year to create the nominal…
Q: What is the effective rate equivalent of 15% compounded quarterly?
A: Interest rate (r) = 15% Number of compounding per year (m) = 4
Q: what is the effective annual rate of 13% (APR) compounted monthly?
A: Given, Rate of Interest = 13% Compounding Frequency = Monthly Effective Annual Rate is the total…
Q: Problem: Find the nominal rate, which if converted quarterly could be used instead of 15 %…
A: Nominal interest rate: The nominal interest rate is the rate of interest prior inflation is taken…
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: What effective interest rate per year is equivalent to 19% per year compounded quarterly?
A: Formula for effective rate of interest = (1+i/n)n-1…
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: An effective rate of 29,61% corresponds to a nominal rate, compounded weekly, of?
A: Effective rate means the actual return from a saving account or returns from any investment when the…
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A: Nominal rate of interest is provided by Banks. It is a rate that considers inflation. Compounding…
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A: We need to compute the effective annual rate in this question.
Q: 1. If the nominal annual interest rate is 15%, what is the effective interest rate when interest is…
A: Details given are : Nominal interest rate = 15% We need to compute the effective interest rate when…
Q: What is the effective rate equivalent to 17% compounded quarterly?
A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…
Q: If the rate of interest is 12% compounded annually, find the equivalent rate of interest if it is…
A: Compounding interest is the interest on the initial amount plus interest. As the compounded interest…
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: Find the nominal rate which if converted quarterly could be used instead of 12% compounded monthly.
A: Effective annual rate (EAR) refers to a real interest rate which an investor is expect from his…
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: find the apy corresponding to given nominal rates 6.5% compounded monthly
A: Annual Percentage yield is calculated using the below formula, where, interest rate is 6.5% and…
Q: e annual in
A: Given information : Effective annual interest rate = 8% Compounding period = 26 weeks
Q: An account pays 2.9% compounded continuously. What is the effective quarterly rate?
A: The continuously compounded rate, r = 2.9%So the impact of continuous compounding on an amount, A…
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: 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: What rate, compounded monthly, is equivalent to 18% compounded quarterly? What rate, continuously…
A: Since you have posted multiple questions, we will answer the first one for you. If you want a…
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: If the interest rate is 12% compounded quarterly, what is the interest rate per conversion period?
A: The conversion period for the interest rate is the period in which the interest rate gets…
Q: What interest rate compounded monthly is equivalent to an interest rate of 14% compounded quarterly?
A: While estimating the future value or present value of particular investment, an investor would be…
Find the nominal rate compounded monthly which is equivalent to 12% compounded quarterly. What is the corresponding effective rate?
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- Find the nominal rate compounded semi annually which is equivalent to 20% compounded quarterly. What is the corresponding effective rate?Find the nominal rate compounded quarterly of 30 % compounded monthly.if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate of interest per bi month
- what is the equivalent percent of 20% compounded quarterly if converted to compounded monthly.Consider an EAR of 13.75% with quarterly compounding. What is the APR ( annual percentage rate)?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 16.5% per year compounded quarterly, what is the equivalent effective rate of interest per three yearsFind the nominal rate that if converted quarterly could be used instead for 15% compounded semi-annually?What rate, compounded monthly, is equivalent to 18% compounded quarterly? What rate, continuously compounded, is equivalent to 9% compounded daily?