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: What nominal annual discount rate compounded semiannually is equivalent to a nominal rate of…
A: Nominal Interest Rate: When the market inflation is not taken into consideration while computing the…
Q: Find the nominal rate that if converted quarterly could be used instead for 15% compounded…
A: Nominal rate with semiannual compounding = 0.15 or 15% Number of semiannual compounding in a year =…
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: 1. Find the effective rate (APR) for a nominal rate at (a) 7% p.a. compounded annually. (b) 8% p.a.…
A: Because you have asked a question with multiple parts , we will solve the first 3 parts for you as…
Q: Determine the nominal rate for and interest rate of 1.5% per month compounded quarterly?
A: Nominal rate is the rate calculated without taking compounding into account
Q: What is the annual compounding rate per semester equivalent to 12.96% annually compounded monthly?
A: Given Information Annual rate =12.96% To find -Annual Compounding rate per semester equivalent to…
Q: Find the nominal rate, which if converted quarterly could be used instead of 12% compounded…
A: Let the nominal rate converted quarterly = r Semiannually compounded rate = i = 12% Compounding…
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: 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 nominal rate compounded quarterly is equivalent to 13% compounded bimonthly?
A: The nominal rate can be computed with the help of following formula: re=1+rmmn-1r=13%m=24n=4
Q: An interest of 8% compounded semi annually is how many percent if compounded quarterly?
A: Formula: Effective interest rate=1+rnn-1where,r=nominal raten=number of compounding periods in a…
Q: What effective annual interest rate is equivalent to 9% compounded quarterly?
A: In this question we need to compute the effective annual interest rate compounded quarterly.
Q: If the effective interest rate is 20% per annum, what is the Nominal Rate if it is? a.Compounded…
A: The effective annual rate of interest is the actual or the real rate of interest paid or received…
Q: Find the effective annual rate associated with an 8% nominal rate when interest rate is compounded…
A: The effective annual rate is referred to as the true interest rate on any interest-paying investment…
Q: If the effective annual interest rate is 15% then what is the equivalent annual rate compounded…
A: Effective annual rate (EAR) = 15% Number of compounding per year (m) = 4
Q: tive rate? 4 % p.a compounded quarterly
A: Effective rate is the rate after considering the effect of the compounding.
Q: tive rate? 7% p.a compounded quarterly
A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…
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 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: Determine the annual rate of interest compounded daily that is equivalent to 9% per annum compounded…
A: Interest rate per annum = 9% Monthly Interest Rate(r) =9%/12 = 0.75% Number of terms(n) = 1*12 = 12…
Q: Estimate the effective annual rate (EAR) for a continuously compounded annual nominal rate of 9.00%.
A: Given, The nominal rate is 9.00% The formula of EAR (continuous compounding)…
Q: est is paid at a rate of 5% per year, compounded quarterly, what is the effective annual rate?
A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…
Q: If the APR is 10% and compounding is monthly, then the Effective Annual Rate is:
A: Using the Effective function in excel
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: 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: 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: What is the effective rate equivalent of 15% compounded quarterly?
A: Interest rate (r) = 15% Number of compounding per year (m) = 4
Q: ate of a nominal annual rate of 12% compounded
A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…
Q: Problem: Find the nominal rate, which if converted quarterly could be used instead of 15 %…
A: Nominal interest rate: The nominal interest rate is the rate of interest prior inflation is taken…
Q: Effective rate? 20 % p.a compounded quarterly
A: The effective annual rate of interest is the actual or the real rate of interest paid or received…
Q: Find the nominal rate compounded annually equivalent to the rate of interest of 8 % compounded…
A: Nominal interest rate is the rate which is the rate before adjusting inflation rate. It is the…
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: An effective rate of 29,61% corresponds to a nominal rate, compounded weekly, of?
A: Effective rate means the actual return from a saving account or returns from any investment when the…
Q: Calculate the effective annual rate for 9.4% compounded quarterly.
A: We need to compute the effective annual rate in this question.
Q: What is the effective rate equivalent to 17% compounded quarterly?
A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…
Q: If the rate of interest is 12% compounded annually, find the equivalent rate of interest if it is…
A: Compounding interest is the interest on the initial amount plus interest. As the compounded interest…
Q: An interest rate of 10% compounded semianually is equivalent to how many percent compounded…
A: Effective Annual Interest rate(EAR) refers to the real rate of return that we earn on our savings 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: what is the equivalent percent of 20% compounded quarterly if converted to compounded monthly.
A: Interest rate (r) = 20% Number of compounding per year (n) = 4 Effective annual interest rate =…
Q: ctive rate? 6 % p.a compounded quarterly
A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…
Q: If 8% per year is compounded bi-annually, what is the effective annual rate?
A: The effective annual rate is the rate that has an annual compounding frequency. It is calculated to…
Find the nominal rate compounded semi annually which is equivalent to 20% compounded quarterly. What is the corresponding effective rate?
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- What interest rate, compounded monthly, is equivalent to a 10.04% effective interest rate?Suppose that a savings account pays an effective rate of interest of 11.7 percent. What is the equivalent annual compound interest rate if interest is compounded semi-annually? Answer = %?What nominal rate compounded monthly is equivalent to 20% compounded annually? Round off your answer to six decimal places. Show a solutions.
- Find the nominal rate compounded annually equivalent to the rate of interest of 8 % compounded quarterly.What nominal rate per quarter is equivalent to an effective rate of 12.7% per year, compounded continuously?Find the nominal rate that if converted quarterly could be used instead for 15% compounded semi-annually?
- What is the equivalent rate of 6% compounded quarterly to compounded monthly?If the stated annual rate of interest compounded semi-annually is 12.5% then what is the equivalent monthly rate compounded monthly?Find the nominal rate which if converted quarterly could be used instead of 12% compounded monthly.