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: For an interest rate of 16 percent per year compounded semi-annually, determine the effective…
A: In this we have to determine interest rate for different situation.
Q: If P16,000 earns P480 in 9 months, what is the annual rate of interest? *
A: Interest rate for 9 months =( interest amount for 9 months/investment) ×100
Q: What size monthly payments should occur when $10.000 is borrowed at 6% per year compounded monthly…
A: When the interest on interest is charged on monthly basis, it is known as monthly compounding. It…
Q: Given the rate per compounding period, find r, the annual rate 0.25% per month
A: P =R / M Here P = Rate per compounding period R= Annual rate M=Times amount compounded
Q: What is the nominal annual rate of interest compounded quarterly if a loan of $21,500 is paid in…
A: Semi-annual effective interest rate is calculated as below in the excel:
Q: For an interest rate of 12% per year, compounded quarterly, the effective interest per six months is…
A: APR = 12% Number of compounding per year (m) = 4
Q: Find the nominal rate compounded monthly which is equivalent to 12% compounded quarterly. What is…
A: Interest rate = 12% compounded quarterly We need to find the nominal rate compounded monthly which…
Q: if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…
A: Nominal Rate = 11.5% Continuous Compounding
Q: What is the principal remaining after 20 monthly payments have been made on a $20,000 five-year…
A: A loan amortization table is a schedule of payment of loan which includes the bifurcation of…
Q: What effective annual interest rate is equivalent to 9% compounded quarterly?
A: In this question we need to compute the effective annual interest rate compounded quarterly.
Q: What is the principal invested at 4.75% compounded semiannually from which monthly withdrawals of…
A: Annuity refers to series of equalized payments that are paid or received at start or ending of…
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: 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: Determine the annual rate of interest compounded daily that is equivalent to 9% per annum compounded…
A: Interest rate per annum = 9% Monthly Interest Rate(r) =9%/12 = 0.75% Number of terms(n) = 1*12 = 12…
Q: What is the annual rate of interest if P265 is earned in four months on an investment of P15, 000?
A: Interest amount = P 265 Period = 4 Months = 4/12 = 1/3 Years Investment = P 15000
Q: What is the discounted value of $844 paid at the end of every three months for 10 years if…
A: Computation:
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: f the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…
A: Nominal rate = 11.5% compounded continuously We need to find bi-monthly rate, where there are 24…
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 rate equivalent of 15% compounded quarterly?
A: Interest rate (r) = 15% Number of compounding per year (m) = 4
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: Effective rate? 20 % 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 effective interest rate per year is equivalent to 19% per year compounded quarterly?
A: Formula for effective rate of interest = (1+i/n)n-1…
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: What is the effective rate equivalent to 17% compounded quarterly?
A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…
Q: If the rate of interest is 12% compounded annually, find the equivalent rate of interest if it is…
A: Compounding interest is the interest on the initial amount plus interest. As the compounded interest…
Q: what is the equivalent percent of 20% compounded quarterly if converted to compounded monthly.
A: Interest rate (r) = 20% Number of compounding per year (n) = 4 Effective annual interest rate =…
Q: An interest rate of 12% per year, compounded monthly is equivalent to what nominal and effective…
A: The nominal interest rate can be defined as the rate of return on an investment with out any…
Q: What is the effective annual interest rate of an investment that pays 6.5% annual interest,…
A: EAR is the actual rate of return investment or loan generates after taking compounding into account.…
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: Given the nominal rate of 12% per year compounded continuously, find a) Effective interest rate per…
A: When money is borrowed or lent, the concept of interest charge is an important one. The interest may…
Q: What is the future value of 24 periodic payments of $4,890 each made at the beginning of each period…
A: Future value: A nominal value of an asset or investment at a specific period with an assumed…
Q: A financial institution quotes a rate of 6.45 percent compounded monthly.What is the effective rate…
A: The real interest that an investor earns on the investment and a borrower pays on loan after…
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 the interest rate is 12% compounded quarterly, what is the interest rate per conversion period?
A: The conversion period for the interest rate is the period in which the interest rate gets…
What is the annual compounding rate per semester equivalent to 12.96% annually compounded monthly?
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- What are the effective annual rates of the following: a) 12% APR compounded monthly? b) 16% APR compounded annually? c) 6% APR compounded daily?An interest of 8% compounded semi annually is how many percent if compounded quarterly?Compute effective annual rate for a nominal annual rate of 12% compounded semi annually.
- What is the effective annualized rate compounded continuously that is equivalent to 16.000% per annum compounded quarterlyWhat is the effective annualized rate compounded quarterly that is equivalent to 12.000% per annum compounded continuously?What is the effective annual rate of 11.9 percent compounded continuously?
- Compute effective annual rate for a nominal annual rate of 12% compounded monthly.What is the APY (effective rate) for 16% APR compounded quarterly? Round to hundredths.Find the nominal rate compounded semi annually which is equivalent to 20% compounded quarterly. What is the corresponding effective rate?