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A: According to the given data: rate=r=9% Compounded monthly for 4years.
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A: See the attachment
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A: 18% interest per year compounded monthly that means interest rate per month = 18/12 = 1.5% that…
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A: we have to find
Q: Find the total number of compounding periods and the interest rate per period for the investment.…
A: I have given the solution below We will use simple unitary methods to solve the questions
Q: Find the total number of compounding periods and the interest rate per period for the investment.…
A: Terms of investment =6 years Nominal rate=4 % Interest compounded quarterly
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A: Given, Term of investment =8 years Nominal(Annual)Rate =4%…
Q: Find the total number of compounding periods and the interest rate per period for the investment.…
A: Given: Term of investment = 9 years Nominal Annual Rate =4 % Interest compounded = quarterly…
Q: Find the annual percentage yield (APY) in the following situation. A bank offers an APR of 5.4%…
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Q: balance of 5000 $. f he does not make a withdvaual or deposit how much money will be in ricks…
A: We will find the final amount.
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Q: Principal 145,000 Rate % Time 2 years Interest 18,850
A: It is given that, Principal (P) = 145,000, Time (T) = 2 years, Interest (I) = 18,850.
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A: To calculate the effective annual yield accrued by compound interest for the given data
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A: Here we have, Present value (PV)=$3000 Interest rate r =6%=6100 compounded mounthly time t=12 years…
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