Find the effective rate of interest.For 5% compounded quarterly

Q: What rate of interest compounded quarterly will yield an effective interest rate of 7%?

A: Effective interest rate=1+inn-1

Q: Find the nominal interest rate compounded daily that corresponds to an effective rate of 4 %- 4

A: Effective interest rate=1+rnn-1

Q: What nominal interest rate compounded monthly is equivalent to 4.50% compounded quarterly?

A:

Q: Find the effective annual yield to the nearest hundredth of a percent for an account paying 2%…

A: For compounded monthly, n=12

Q: Determine the rate that represents the better deal. 6% compounded quarterly or 6 (1/4) , compounded…

A: The first rate of interest, r1=6% compounded quarterly. Then, the number of terms for r1 is n1=4.…

Q: Mike deposits $5,000 in a 3-year CD account that yields 1.5% interest, compounded weekly. What is…

A: A=P1+rnnt

Q: Find the amount of an investment of $25,000 earning 6% interest for 3 years compounding quarterly

A: Given that $25,000 is invested earning 6% interest for 3 years compounding quarterly. It is required…

Q: Find the effective rate of the interest that is equivalent to an 9% rate compounded monthly.

A: Effective rate of interest :   The Effective Annual Interest Rate (EAR) is the interest rate that is…

Q: What is the annual percentage yield for an account with a nominal interest rate of 12%, compounded…

A: The formula for annual percentage yield is, APY = (1 + i/n)n – 1, where I is the nominal interest…

Q: A passbook savings account has a rate of 5%. Find the effective annual​ yield, rounded to the…

A: Consider the provided question, Given, Interest rate(r)  =  5% = 0.05 Compounded periods = 1000 So,…

Q: Vicki Kakounis bought a television set with money borrowed from the bank at 8% interest compounded…

A: The rate of interest is given as 8% The interest is compounded quarterly  In a year, there are 4…

Q: Find the effective rate to the nearest hundredth for nominal interest rate. 7% compounded quarterly

A:

Q: What is the rate on an investment that doubles $9916 in 20 years? Interest is compounded quarterly.

A:

Q: The Get Rich Investment Group had a $25,000 investment grow to $40,000 over a ten- year period. The…

A: To find the interest rate

Q: Find the present value of amount. $10,000 if interest is 6% compounded quarterly for 8 years

A: The formula for calculating compound interest when time period is specified in years and interest…

Q: $10,000 is invested for 10 years with an APR of 2% and quarterly compounding.

A: Given information P=$10,000 Rate of interest r=2%  ⇒r=2100=0.02 Time t=10 years For quarterly…

Q: Find the effective rate of interest.; For 6% compounded monthly

A:

Q: Given: ₱50,000 at 11% compounded quarterly for 5 years. What is the interest rate per conversion…

A: Given that: Principal amount = ₱50,000 Rate of interest = 11% = 0.11 Number of years he amount is…

Q: A credit card had an APR of 17.78% all of last year and compounded interest daily. What was the…

A:

Q: find the present value of $75,000 if interest is paid at a rate 3% per year, compounded monthly for…

A: Only you have to careful what the question saying...wheather it is compounded yearly or compounded…

Q: Use the compound interest formula for compounding more than once a year to determine the accumulated…

A: We have to use compounded quarterly summation formula.

Q: A loan company offers money at 1.5% per month compounded monthly. What is the nominal interest rate?…

A: According to question given that Loan company offer 1.5% per month compounded monthlyNominal…

Q: Find the total accumulated amountpresent in an account after investing $42,000 for 8 years at a rate…

A: Given Data: The amount invested is: P=$42000 The time period is: t=8 years The rate of compounding…

Q: What is the annual percentage yield of 5% compounded quarterly?

A:

Q: Find the annual percentage yield (to the nearest 0.01%) in each case. A bank offers an APR of 2.25%…

A: To find the annual percentage yield

Q: Use the compound interest formula to complete the total amount accumulated and the interest earned…

A: Given,

Q: Find the present value of $30,000 due in 4 years at the interest rate of 5%/year compounded monthly?…

A: The future value of investment is A=$30,000 Number of periods is n=4×12=48 Periodic interest…

Q: determine the interest rate in % compounded annually if the compound amount factor is 1.069 for a…

A: The formula for compound interest is A= P(1+rn)nt Where A = accumulated amount, P= principal, r =…

Q: Find the annual percentage  yield for an investment that earns 5 1/ 2% per year, compounded…

A: Given data: The amount is given by "A" The rate of interest per year is given by…

Q: Find the annual percentage yield for an investment that earns 8% per year, compounded monthly.

A: We have to find the percentage yield for an investment that earns 8% per year compounded monthly. We…

Q: Find the balance if $23000 is invested in an account paying 6 % interest compounded quarterly for 11…

A:

Q: Find the difference between simple interest and compound interest on a savings deposit of fifty…

A:

Q: Find the effective rate of the interest that is equivalent to an 9% rate compounded monthly. O 18.81…

A:

Q: Melissa has an offer from a credit card issuer for 0% APR for the first 60 days and 28.49% APR…

A:

Q: Find the missing interest earned.   Principal   Rate   Compounded   Time   Final Amount…

A:

Q: For an interest rate of 1% per 2 months, determine the number of times interest would be compounded…

A: Compounding period: The period between the points at which the interest is added to the account.

Q: Find the principal to get $1000 after 2 years at 6% compounded quarterly?  Round to nearest cent.

A: It is given that, the amount after 2 years is A = $1000, n = 4 since compounded quarterly, r = 0.06.…

Q: Find the present value of $40,000 due in 4 years at the given rate of interest. 7%/year compounded…

A:

Q: The Get Rich Investment Group had a $25,000 investment grow to $40,000 over a ten-year period. The…

A:

Q: A credit card had an APR of 23.83% all of last year and compounded interest monthly. What was the…

A: GIVEN   APR = 23.83%   COMPOUNDED MONTHLY  MEANS  n = 12 EFFECTIVE INTEREST = ?

Q: Find the required annual interest rate, to the nearest tenth of a percent, for $5200 to grow to…

A: Consider the given information

Q: Findthe present value of $100,000 if interest is paid at a rate of %8 per year, compounded monthly,…

A: Given, Future value, FV = $100,000  Interest rate, R= 8% time, t =10 years. Compounde period…

Q: find the effective interest rate of 8% compounded quarterly

A:

Q: What interest rate, compounded quarterly, is equivalent to a 9.31% effective interest rate?

A:

Q: Find the interest rate for an $8000 deposit accumulating to $10,620.25, compounded quarterly for 6…

A:

Q: Find the interest on P10,000 at 5 ½% for 4 years and 6 months compounded monthly.

A: Given that.   Find the interest on P10,000 at 5 %2% for 4 years and 6 months compounded monthly.…

Q: June made an initial deposit of $7500 in an account for her son. Assuming an interest rate of 2%…

A: Given that t=time=17 yearsr=interest rate=2%=0.02A=annuity=?n=number of times compounded in a…

Optimization

Optimization comes from the same root as "optimal". "Optimal" means the highest. When you do the optimization process, that is when you are "making it best" to maximize everything and to achieve optimal results, a set of parameters is the base for the selection of the best element for a given system.

Integration

Integration means to sum the things. In mathematics, it is the branch of Calculus which is used to find the area under the curve. The operation subtraction is the inverse of addition, division is the inverse of multiplication. In the same way, integration and differentiation are inverse operators. Differential equations give a relation between a function and its derivative.

Application of Integration

In mathematics, the process of integration is used to compute complex area related problems. With the application of integration, solving area related problems, whether they are a curve, or a curve between lines, can be done easily.

Volume

In mathematics, we describe the term volume as a quantity that can express the total space that an object occupies at any point in time. Usually, volumes can only be calculated for 3-dimensional objects. By 3-dimensional or 3D objects, we mean objects that have length, breadth, and height (or depth).

Area

Area refers to the amount of space a figure encloses and the number of square units that cover a shape. It is two-dimensional and is measured in square units.