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Q: continuously
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Q: How much is ₱1,200 worth at the end of 1 year if the interest rate of 5.5% is compounded quarterly?
A:
Q: If the interest rate is 12% compounded quarterly, what is the interest rate per conversion period?
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- Define the stated (quoted) or nominal rate INOM as well as the periodic rate IPER. Will the future value be larger or smaller if we compound an initial amount more often than annually—for example, every 6 months, or semiannually—holding the stated interest rate constant? Why? What is the future value of $100 after 5 years under 12% annual compounding? Semiannual compounding? Quarterly compounding? Monthly compounding? Daily compounding? What is the effective annual rate (EAR or EFF%)? What is the EFF% for a nominal rate of 12%, compounded semiannually? Compounded quarterly? Compounded monthly? Compounded daily?At what interest rate will ₱30,750 amount to ₱44,875 in 4 years and 6 months, if interest is compounded semi-annually?If $956.00 accumulates to $1250.87 in three years, three months compounded monthly, what is the effective annual rate of interest?
- How much is ₱1,200 worth at the end of 1 year if the interest rate of 5.5% is compounded quarterly?If $1000 becomes $1,811.36 after 5 years when invested at an unknown rate of interest compounded quarterly, determine the unknown nominal rate and the corresponding effective rate.What is the effective annual interest rate when 12% per year is compounded quarterly? 0.13 or 0.23?
- 7.If $1000 is deposited at 12.5% p.a. for one year, what is the effective annual interest rate if interest is compounded quarterly? Select one: a. 13.10% b. 12.50% c. 13.03% d. 13.05%What is the future value of $2,520 in 12 years assuming an interest rate of 9.35 percent compounded semiannually?1000 dollars is deposited into an account at the beginning of the year and the value at the end of five years is 1276.30. (a) If the account was subject to a force of interest δ(t) = kt where t is in years, k =? (b) If inflation is 1 percent a year, what is the adjusted effective yearly interest rate?
- What is the present value of $6,700 received 14 years from now using a 11% interest or discount rate, with interest compounded quarterly?What is the effective annual interest rate if the nominal annual interest rate is 24% per year compounded monthly? a. 2.00% b. 24.00% c. 26.82% d.27.12%if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate of interest per two years?