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If interest is paid at a rate of 5% per year, compounded quarterly, what is the effective annual rate?
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- What is the effective interest rate for quarterly transaction if the interest rate is 5% per year compounded monthly?If the effective annual interest rate is 8%, what is the nominal annual rate if compounding is bi-monthly?What effective annual interest rate to the nominal interest rate of 6% compounded monthly?
- If the nominal annual interest rate is 15%, what is the effective interest rate when interest is compounded: SemiannuallyIf the stated annual rate of interest compounded semi-annually is 12.5% then what is the equivalent monthly rate compounded monthly?If the rate of interest is 12% compounded annually, find the equivalent rate of interest if it is compounded quarterly.
- What is the effective rate (annually compounded rate) of interest corresponding to 9% compounded quarterly? What is the equivalent monthly rate?Find the effective rate of interest corresponding to a nominal rate of 7% per year compounded monthly.Express the term Effective interest rate per payment period, quarterly payments with weekly compounding?
- An interest rate is quoted as 3.75% per year compounded quarterly, what is the effective semi-annual rate?If the nominal annual interest rate is 15%, what is the effective interest rate when interest is compounded: C) MonthlyAn interest rate of 6% compounded semiannually is equivalent to what rate compounded monthly?