17Find the EAR in cach of the following cases (Use 365 days a year Do not roundIntermediate calculations end enter your answers es a percent rounded to2 decimalplaces, e.g, 3216.).Elfective Rate(EAR)Humber of TimesCampoundedQuarterlyMonthly,Staled Ratz.(APR)17.113.41Dary106Infate

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

Answered: te calculations.and enter your answers…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 12.00 % Quarterly % 14.00 % Monthly % 18.00 % Daily % 14.00 % Semiannually Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year.)
1.2) APR, or stated rate, in each of the following cases: Stated rate (APR) Number of Times Compounded Effective rate (EAR) Semiannually 14.2% Monthly 18.4% Weekly 11.1% Infinite 8.9% A) Calculate the APR.
Hide or show questions Progress:28/29 items Determine the due date and amount of interest due at maturity on the following notes. Assume 360 days per year. OriginationDate FaceAmount Termof Note InterestRate MaturityDate InterestAmount a. Mar. 15 $8,000 60 days 9% $fill in the blank 2 b. May 1 $12,000 90 days 8% $fill in the blank 4
Compsny X sells on a 1/15, net 90, basis. Company Y buys goods with an invoice of $3,000. Discount= $30 Number of days= 75 C.) What is the effective annual rate of interest if Y pays on the due date rather than day 15? (Use 365 days in a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
1.1) Find the EAR in each of the following cases: Stated rate (APR) # of times per year Effective rate (EAR) 7.8% 4 15.3% 12 12.4% 365 11.4% Infinite A) Calculate the EAR. 1.2) APR, or stated rate, in each of the following cases: Stated rate (APR) Number of Times Compounded Effective rate (EAR) Semiannually 14.2% Monthly 18.4% Weekly 11.1% Infinite 8.9% A) Calculate the APR.
42) Identify the term, which is used for the full payment is due on the 15th of the month following the invoice date from the following? a. 15MFI b. 1/10 c. 2/10 d. 3/EOM
Q17 The past five monthly returns for Kohls are 4.11 percent, 3.62 percent, −1.68 percent, 9.25 percent, and −2.56 percent. What is the average monthly return? (Round your answer to 3 decimal places.) AVERAGE RETURN. %
Age of ReceivablesApril 30, 20X1 (1) (2) (3) (4) Month ofSales Age ofAccount Amounts Percent ofAmount Due April 0–30 $ 131,250 _______ March 31–60 93,750 _______ February 61–90 112,500 _______ January 91–120 37,500 _______ Total receivables $ 375,000 100% a. Calculate the percentage of amount due for each month.
Compute interest and find the maturity date for the following notes. (Round intermediate calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 5,275. Use 360 days for calculation.) (a) (b) (c) Date of Note June 10 July 14 April 27 Principal $90,000 $64,800 $43,200 Interest Rate (%) 6% 7% 8% Terms 60 days 90 days 75 days $ $ LA Interest IN Maturity Date 4
(A/P, 12% quarterly,8 yrs) has a value equals to Select one: a. 0.049 b. 0.048 c. 0.078 d. 0.0426
Account A compounds monthly. Account B compounds quarterly. Both have an APR of 9%. All else equal, which one has the higher EAR? A B A=B
67. Jansen Company prepares an account receivable aging schedule with a series of computations as follows: 10% of the total peso balance of accounts from 1-60 days past due, plus 15% of the total peso balance of accounts from 61-120 days past due and so on. How would you describe the total of the amounts determined in this series of computations? Group of answer choices It is the amount of uncollected accounts expense for the year. It is the amount of the desired credit balance of the allowance for uncollectible accounts to be reported in the year-end financial statements. When added to the total of accounts written off during the year, this new sum is the desired credit balance of the allowance account. It is the amount that should be added to the allowance for uncollectible accounts at year-end.

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te calculations.and enter your answers as a pcent rom Effective Rat papunedureg (EAR] Rate Humber of Times Monthly 13.4 Dary 106 Infinte