What are the effective annual rates of the following: a) 12% APR compounded monthly? b) 16% APR compounded annually? c) 6% APR compounded daily?

Q: What is the effective annual rate (EAR) if the stated rate is 8 percent and compounding occurs…

A: In this question we need to calculate the effective annual rate (EAR).

Q: Determine the periodic paymen $80,000 borrowed at 8% for 9 years, with monthly payments PMT = $

A: PMT can be calculated by using this formula PMT =PV*i1-1(1+i)n Where PV =Loan amount            i=…

Q: The Men's Store charges 1.25 percent interest per month. What is the effective annual rate?

A: Every business firm suffers from the scarcity of funds. There are several investment…

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…

Q: What is the nominal rate if the effective rate is15.32% compounded semi-annually?

A: Effective annual rate (EAR) refers to a real interest rate which an investor is expect from his…

Q: Effective rate? 12% p.a compounded quarterly

A: The effective annual rate of interest is the actual or the real rate of interest paid or received…

Q: What is the annual compounding rate per semester equivalent to 12.96% annually compounded monthly?

A: Given Information Annual rate =12.96% To find -Annual Compounding rate per semester equivalent to…

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: 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: 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: e? 6 % p.a compounded monthly

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: What is the rate compounded semi-annually that results in $625 accumulating to $1100 in 42 months?

A: The compounded rate refers to the rate per period. In order to get the compounded rate the annual…

Q: What is the effective annual rate (EAR) of 8% per year, compounded monthly? Select one: O a. 8.66 %…

A: Nominal Interest Rate (r) is 8% Compounding Period is (m) is Monthly i.e. 12

Q: "If the nominal rate is 12% compounded semi-annually, the annual percentage rate is higher than the…

A: The annual percentage rate is is nominal rate of interest I.e. 12%

Q: If the APR is 10% and compounding is monthly, then the Effective Annual Rate is:

A: Using the Effective function in excel

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: Determine the effectivene annual yeild for 1 dollar invested for one year at 2 percent compounded…

A: Effective Annual Yield is the equivalent annual rate of return for nominal rate of return with more…

Q: What is the EAR corresponding to a nominal rate of compounded semiannually? Compounded 10%…

A: EAR is effective annual rate i.e. equivalent interest rate for interest rate which are compounded…

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: ate of a nominal annual rate of 12% compounded

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

Q: ctive rate? 6 % p.a compounded weekly

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

Q: Consider an account with an APR of 6.2 %  Determine the APY percentage for quarterly  monthly…

A: Annual percentage yield (APY) refers to the rate of interest charged on an investment or loan…

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: What is the effective annual rate (EAR) of 8% per year, compounded monthly? Select one: O a. 8.29% O…

A: given, r=8% m = 12 ( monthly compounding)

Q: What is the effective annual rate for an APR of 15.70 percent compounded monthly?

A: The effective annual Rate will be computed according to the formula..... i=(1+rm)m−1.. Where rm…

Q: Calculate the effective annual rate for 9.4% compounded quarterly.

A: We need to compute the effective annual rate in this question.

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: What is the effective annual interest rate for 10.5% compounded   (a) Semiannually ? (b) quarterly…

A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: What is the effective annual rate, with a nominal annual rate of 10%, compounded monthly? - 10.0…

A: Details given in the question are : Nominal annual interest rate = 10% Compounded frequency =…

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: Find the effective annual rate for an investment that pays APR of 4.5% with Annual compounding…

A: The effective rate of interest is the actual rate of interest after compounding. The effective rate…

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: What is the APY of 7%, compounded monthly? Round your answer to the nearest hundredth of a percent.

A: The real interest that an investor earns on the investment and a borrower pays on loan after…

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: What is the effective annual rate of 11.9 percent compounded continuously?

A: Effective annual rate is the interest rate which is derived at after considering the effect of…

Q: How much do ten ₱ 6,945 quarterly payments amount at present,

A: Time Value of Money (TVM) concept is used to discount the future cash flows or to compound the…

Q: What is the effective annual rate of 6%, compounded monthly? O 6.12% O 6.06% O 6.14% O 6.17% O 6.24%

A: Effective Annual rate The effective annual interest rate is that real return that is paid on the…