Assume an effective compound interest rate i = 10% per annum. Compute the following equivalent rates. In each case, enter your answer as a percentage. a) The nominal interest rate payable semi-annually % Enter an answer correct to 4 decimal places. b) The effective interest rate payable quarterly % Enter an answer correct to 2 decimal places. c) The effective rate of discount per annum % Enter an answer correct to 2 decimal places. d) The nominal rate of discount payable monthly % Enter an answer correct to 4 decimal places.

Assume an effective compound interest rate i= 3% per annum. Compute the following equivalent rates. In each case, enter your answer as a percentage. a) The nominal interest rate payable semi-annually Number % Enter an answer correct to 4 decimal places. b) The effective interest rate payable quarterly Number Enter an answer correct to 2 decimal places. c) The effective rate of discount per annum Number Enter an answer correct to 2 decimal places. d) The nominal rate of discount payable monthly Number % Enter an answer correct to 4 decimal places.

The nominal interest rate compounded quarterly, ¿(4) is 6%. Let ¿ be the annual effective interest rate, d be the annual effective discount rate, d(12) be the nominal discount rate compounded monthly and be the annual constant force of interest. Calculate i + 2d + 3d(¹2) + 46. A 59.14% B 59.34% C 59.54% D 59.74% E 59.94%

For each of the following cases, indicate (a) what interest rate columns and (b) what number of periods you would refer to in looking up the present value factor. (1) In Table 3 (present value of 1): Number of Discounts Annual Rate Years Involved per Year Case A 9% 7 Case B 10% 8 Annually Semiannually Case C 8% 8 Semiannually Case A Case B Case C (a) (b) % periods % periods % periods (2) In Table 4 (present value of an annuity of 1): Annual Rate Number of Years Involved Number of Payments Involved Frequency of Payments Case A 8% 15 15 Annually Case B 8% 4 4 Annually Case C 12% 8 16 Semiannually (a) Case A % Case B % (b) periods periods Case C % periods

Find the equivalent interest rates for the following: a. Nominal interest rate compounded quarterly that is equivalent to 5% compounded semi-annually. % Round to two decimal places b. Nominal interest rate compounded monthly that is equivalent to 3.8% compounded quarterly. % Round to two decimal places c. Nominal interest rate compounded semi-annually that is equivalent to 4.5% compounded quarterly. % Round to two decimal places