What nominal annual discount rate compounded semiannually is equivalent to a nominal rate of interest of 12% compounded monthly

Q: he effective annual interest rate is 15%. A) Assume interest is compounded monthly. What is the…

A: The effective annual interest rate is the real return on a savings account or any interest-paying…

Q: What nominal rate compounded monthly is equivalent to 20% compounded annually? Round off your answer…

A: Effective annual interest rate represents the total interest rate after taking compounding effect…

Q: Which of the following has the most effective annual rate of interest?  A. 12.50 % compounded…

A: Effective annual rate (EAR) is the actual rate of interest earned after taking the effect of…

Q: If the effective annual interest rate is 14%, what is the nominal annual rate if compounding is…

A: The Bi-monthly compounding means the interest is compounded in every two month and the interest…

Q: Find the nominal rate compounded quarterly of 30 % compounded monthly.

A: Effective annual interest rate(EAR) refers to the real rate of return that we earn on our savings or…

Q: Determine the nominal rate of interest compounded quarterly which is equivalent to 6.3% compounded…

A: The nominal interest rate refers to the periodic interest rate multiplied by the number of periods…

Q: Give your answers rounded to 6 decimal places in the following questions. Given that the effective…

A: As you have asked multiple questions we will solve the first question as per policy. Please ask…

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: If the nominal annual interest rate is 15%, what is the effective interest rate when interest is…

A: In this question We require to calculate the effective interest rate from below details: Nominal…

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: 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: What is the effective annual interest rate when 12% per year is compounded quarterly? 0.13 or 0.23?

A: In this we have to calculate the effective interest rate annually.

Q: What rate compounded quarterly is equivalent to (a) 10% effective, (b) 10% compounded monthly, (c)…

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

Q: If the stated annual rate of interest compounded semi-annually is 12.5% then what is the equivalent…

A: Interest rate (APR) = 12.5% Number of compounding per year (m) = 2

Q: What effective annual interest rate to the nominal interest rate of 6% compounded monthly?

A: Interest rate (r) = 6% Number of compounding per year (m) = 12

Q: what nominal rate of interest compounded monthly is equivalent to 12% per annum compounded…

A: The nominal rate of interest is the rate of interest that is considered before taking inflation.

Q: What rate compounded quarterly is equivalent to (c) 10% simple interest for two years, and (d) 10%…

A: In this we have to find out annual equivalent  rate compounding quarterly.

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: Find the effective rate of interest corresponding to a nominal rate of 7% per year compounded…

A: This question require us to compute the effective rate of interest.

Q: What nominal interest rate compounded quarterly is equivalent to a nominal discount rate of 12%…

A: The nominal interest rate is the interest rate before taking inflation into account, in contrast to…

Q: What is the nominal rate of interest compounded semi annually which is equal to 8.81% compounded…

A: Interest rate (APR) = 8.81% Compounding per year (M) = 4

Q: If the effective annual interest rate is 12.82% and the nominal annual rate is 12.25%, compounding…

A: Effective Annual Rate = 12.82% Nominal Annual Rate = 12.25%

Q: Which of the following compounding rates is equivalent to an effective interest rate of 2.75% p.a.?

A: When the compounding frequency per year is not 1 then in that case the stated interest rate will not…

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: You are paying an effective annual rate of 15.33 percent on your credit card. The interest is…

A: Calculation of annual Percentage of rate is shown below:

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: A rate of 2% per quarter compounded quarterly is closest to what annual compounded interest rate?…

A: The annual interest rate is computed after accounting for the number of periods of compounding and…

Q: What is the nominal rate of interest compounded semi annually which is equal to 8.65% compounded…

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

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: Find the effective interest rate per quarter at a nominal rate of 8% compounded. a. weekly b. daily

A: Effective Interest Rate is known as the real return that you earned on the your saving account or on…

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: 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: Find the nominal annual rate of interest compounded quarterly that is equivalent to 4.8% compounded…

A: Nominal Annual Interest Rate: The nominal interest rate is calculated by multiplying by the number…

Q: you recieve a credit card offer that charges interest at 1.75% per month compounded monthly. What is…

A: The nominal rate of interest is the rate that is free from the compounding effect. it is also known…

Q: Find the effective annual rate of interest equivalent to a nominal rate of interest of 4.8%…

A: The effective annual interest rate is the real return on a savings account or any interest-paying…

Q: The present rate for deutsche marks per dollar is 1.79 and 90 day forward rate is 1.78 Compute the…

A: A forward discount is a concept that refers to a situation in which a currency's forward or…

Q: find the apy corresponding to given nominal rates 6.5% compounded monthly

A: Annual Percentage yield is calculated using the below formula, where, interest rate is 6.5% and…

Q: e annual in

A: Given information : Effective annual interest rate = 8% Compounding period = 26 weeks

Q: mpoun

A: in this we need to find out effective rate and than find out nominal rate.

Q: If the interest bearing account yielded an effective interest rate of 9% what would nominal rate,…

A: The question is based on the concept calculation of effective interest rate (EIR) of quarterly…

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: 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: Assume an effective compound interest rate i = 3% per annum. Compute the following equivalent rates.…

A: Effective annual rate is the interest actually earned on the investment or paid on the loan, as a…

Q: What interest rate compounded monthly is equivalent to an interest rate of 14% compounded quarterly?

A: While estimating the future value or present value of particular investment, an investor would be…

Q: For an interest rate compounded annually of 7%, what is the equivalent interest rate compounded:  a.…

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

Q: What is the effective annual rate of a savings account with an annual interest rate of 5.9%…

A: Effective annual interest rate is referred as the interest rate which is adjusted for compounding…