Q: At what nominal rate, compounded quarterly, would $15,000.00 have to be invested to amount to…
A: FV = PV * (1 + i/n)^(n * Years) Where FV = Future Value = $18276.04 PV = Present Value = $15000 i =…
Q: If the nominal rate of interest is 10% per annum and there is quarterly compounding, the effective…
A: The question is based on the concept for calculation of effective interest rate. Formula as :…
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: Find the nominal rate that if converted quarterly could be used instead for 15% compounded…
A: Nominal rate with semiannual compounding = 0.15 or 15% Number of semiannual compounding in a year =…
Q: if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: 1. Find the effective rate (APR) for a nominal rate at (a) 7% p.a. compounded annually. (b) 8% p.a.…
A: Because you have asked a question with multiple parts , we will solve the first 3 parts for you as…
Q: Determine the nominal rate for and interest rate of 1.5% per month compounded quarterly?
A: Nominal rate is the rate calculated without taking compounding into account
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: 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: What is the Effective Annual Return (EAR) if the Annual Percentage Rate (APR) is 15% compounded…
A: Effective annual return is the rate of return on the investment after taking the effects of…
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: 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 effective rate is the equivalent to 15% compounded annually?
A: Effective annual Interest can be computed as follows. EAR = (1 + i/n)n – 1 Here i = Annual rate of…
Q: Find the effective annual rate associated with an 8% nominal rate when interest rate is compounded…
A: The effective annual rate is referred to as the true interest rate on any interest-paying investment…
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: What nominal rate per quarter is equivalent to an effective rate of 12.7% per year, compounded…
A: Effective Annual Rate: The effective annual rate of interest is the actual or the real rate of…
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: If the Nominal (APR) rate of return for an investment is 10.15% compounded quarterly, what is the…
A: The effective rate of return refers to the return rate in multi-period compounding. It determines…
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: est is paid at a rate of 5% per year, compounded quarterly, what is the effective annual rate?
A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…
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: 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: For an effective interest rate of 16% per annum, what is the equivalent nominal annual rate…
A: The periodic interest rate is multiplied by the number of periods in a year to create the nominal…
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: If the nominal annual interest rate is 15%, what is the effective interest rate when interest is…
A: Given, Nominal interest rate = 15% Compounded frequency = Monthly We need to compute the effective…
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: 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: Calculate the annual equivalent value at the end of each year at i=17% per year?
A: Annual equivalent value can be calculated by multiplying Present Value factor @17% with cash flows…
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 effective annual rate of 10 percent compounded semiannually? a) 10.21 percent b) 10.25…
A: In this question we need to compute the effective annual rate of 10% compounded seni-annually.
Q: The effective annual rate (EAR) for a loan with a stated APR of 11% compounded quarterly is closest…
A: The real interest that an investor earns on the investment and a borrower pays on the loan after…
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: sider an APR of 12% with monthly compounding. What is the EAR ( effective annual rate)? Consider an…
A: In this we have to get the EAR rate form monthly return.
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: (a) If the interest rate is 6% per year compounded quarterly, what is the effective annual interest…
A: Information Provided: Interest rate = 6% compounded quarterly NOTE: As per our policy, we only…
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…
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…
What is the effective annual rate (EAR) for an APR of 10.90 percent compounded quarterly?
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- what is the effective annual rate of 13% (APR) compounted monthly?What is the effective annual rate (EAR) for an annual percentage rate (APR) or a nominal annual rate of 12%, compounded semiannually? Compounded quarterly? Compounded monthly? Compounded daily? Compounded hourly?What are the effective annual rates of the following: a) 12% APR compounded monthly? b) 16% APR compounded annually? c) 6% APR compounded daily?
- What is the effective annual rate for an APR of 11.40 percent compounded quarterly? MUST USE EXCEL FORMULA!!!! NOT ALGEBRAICALLY!What is the effective annualized rate compounded quarterly that is equivalent to 12.000% per annum compounded continuously?Consider an APR of 12% with monthly compounding. What is the EAR ( effective annual rate)?