First Bank of Midesto Medeque pays a 6.01% nominal rate of interest compounded weekly. What is the effective rate of interest?

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A bank applies a semi-annually capitalized nominal rate of 11.8% for an investment. Calculate monthly effective rate.

Determine the interest rate earned on an $800 deposit when $808 is paid back in one year.

The amount of simple interest on a deposit varies jointly with the principal and the time in days. If $17.85 is earned on a deposit of $3500 for 12 days, how much interest would be earned on a deposit of $3700 for 20 days? ... The deposit would earn S in interest. (Simplify your answer. Round to the nearest cent as needed.)

A bank CD that pays 6.86 percent compounded daily (on a 365-day per year basis). Calculate the effective annual interest rate (EAR).

3. A bank CD that pays 7.58 percent compounded annually. (Round answer to 2 decimal places, e.g. 15.25%.) what is the Effective annual rate %?

The following certificate of deposit (CD) was released from a particular bank. Find the compound amount and the amount of interest earned by the following deposit. $2500 at 6% compounded daily for 2 years. What is the compound amount? (Round to the nearest cent.)

Federal Savings Bank is offering a 6-month CD (certificate of deposit) with a rate of 4.5% compounded daily. What is the equivalent annual percentage rate compounded annually on the CD?

Which of the following bank accounts has the lowest effective annual return?   a. An account that pays 7% nominal interest with daily (365-day) compounding.     b. An account that pays 7% nominal interest with monthly compounding.     c. An account that pays 8% nominal interest with daily (365-day) compounding.     d. An account that pays 8% nominal interest with annual compounding.     e. An account that pays 8% nominal interest with monthly compounding.