2 QUESTION 1An interest rate of 38% per year, compounded monthly, is nearest to .. per yearEnter the value in number four decimals (exp: 0.1395)QUESTION 2An interest rate of 21% per year, compounded continuously, is closest to an effective per quarter equal to..Enter the answers as number with four decimals (Exp 0.4563)QUESTION 3If you make quarterly deposits for 8 years (beginning one quarter from now) into an account that compounds interest at 1% per month, the value of n in the FIA factor (for determining F at the end of the 8-year period), isQUESTION 4An interest rate of 32% per quarter, compounded continuously, is closest to an effective semiannual rate of .

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QUESTION 1 An interest rate of 38% per year, compounded monthly, is nearest to * per year Enter the value in number four decimals (exp: 0.1395)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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