Q: An investment at 15% APR compounded monthly is equivalent to an effective annual interest rate of?
A: EAR formula: EAR=1+RMM-1 WHERE, R=rate of interest M=frequency of compounding
Q: What is the nominal annual interest rate if the effective annual rate is 5.5% and compounding is…
A: In this question the compounding is continuous so the nominal rate needs to be converted to…
Q: At what nominal rate, compounded quarterly, would $15,000.00 have to be invested to amount to…
A: FV = PV * (1 + i/n)^(n * Years) Where FV = Future Value = $18276.04 PV = Present Value = $15000 i =…
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: What rate compounded mont
A:
Q: An investment pays you 9% interest, compounded quarterly. What is the periodic rate of interest?…
A: Using excel effective rate of interest function
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: What interest rate, compounded monthly, is equivalent to a 10.04% effective interest rate?
A: Effective interest rate : In simple words, the actual rate of return that an individual receives…
Q: What is the nominal rate if the effective rate is15.32% compounded semi-annually?
A: Effective annual rate (EAR) refers to a real interest rate which an investor is expect from his…
Q: Considering an interest rate i=14% per year, what is the compound interest rate equivalent to the…
A: Interest rate is 14% per year To Find: Equivalent compounded interest rate for 45 days Equivalent…
Q: What nominal interest rate compounded semi-annually is equivalent to j52 14%?
A: Nominal Interest rate Nominal interest rate refers to the simple annual interest rate without…
Q: What interest rate compounded monthly is equivalent to a 10% effective rate?
A: Given, Effective rate=10% Compounding frequency=12
Q: a. What is the interest rate per month that is equivalent to 4.26% p.a.?
A: Interest rate is the the rate of interest of due period as a sum of the money borrowed.
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 simple interest rate is equivalent to 1% compounded quarterly
A: Simple interest rate is the rate which does not compound means under this rate there is no concept…
Q: What is the effective annual rate of interest if $1200.00 grows to $1500.00 in two years compounded…
A: Effective Annual Rate: It is the real rate of return paid on a loan or earned on an 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: What effective annual interest rate to the nominal interest rate of 6% compounded monthly?
A: Interest rate (r) = 6% Number of compounding per year (m) = 12
Q: What nominal rate per quarter is equivalent to an effective rate of 12.7% per year, compounded…
A: Effective Annual Rate: The effective annual rate of interest is the actual or the real rate of…
Q: What nominal interest rate per year is equivalent to an effective 18% per year compounded…
A: Given: Effective interest rate = 18% Compounding semi annually
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: What is the effective annual interest rate of an investment that pays 7.6% annual interest,…
A: The effective annual interest rate is defined as the real return on any interest paying investment…
Q: Find the effective rate of interest corresponding to a nominal rate of 7% per year compounded…
A: This question require us to compute the effective rate of interest.
Q: What nominal interest rate compounded quarterly is equivalent to a nominal discount rate of 12%…
A: The nominal interest rate is the interest rate before taking inflation into account, in contrast to…
Q: What is the nominal rate of interest compounded semi annually which is equal to 8.81% compounded…
A: Interest rate (APR) = 8.81% Compounding per year (M) = 4
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: What is the corresponding effective interest rate of 18% compounded semi-annually?
A: The effective interest rate is the real return earned on an interest-paying investment or savings…
Q: Find the nominal interest rate compounded quarterly which could be used instea compounded monthly.…
A: In this we have to find effective interest rate in both cases and find equivalent rate.
Q: What is the effective rate equivalent of 15% compounded quarterly?
A: Interest rate (r) = 15% Number of compounding per year (m) = 4
Q: Given an effective annual interest rate of 6%, what is the nominal interest rate compounded…
A: Effective rate = [ 1 + ( Annual interest rate / 4 ) ]4 - 1
Q: What is the equivalent simple interest (yield) for an investment of 8 % compounded quarterly? Round…
A: Effective Annual Rate The effective annual rate of interest is the actual or the real rate of…
Q: When compounded quarterly P12,000 becomes P 20,415.23 after 4 yrs. What is the nominal rate of…
A: Present value (PV) = P12000 Future value (FV) = P20,415.23 Period (t) = 4 Year Number of compounding…
Q: Given an effective annual interest rate of 6%, what is the nominal interest rate compounded…
A: Given: Effective rate is 6%
Q: What is the effective interest rate per quarter if the interest rate is 10% compounded monthly?
A: The real interest that an investor earns on the investment and a borrower pays on loan after…
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: What is the uniform annual equivalent if the interest rate is 7% per year?
A: Uniform Annual Equivalent Payment: It is one of the methods used in capital budgeting for the…
Q: If the interest bearing account yielded an effective interest rate of 9% what would nominal rate,…
A: The question is based on the concept calculation of effective interest rate (EIR) of quarterly…
Q: What interest comp. monthly is equivalent to an interest rate of 16.3% comp. quarterly?
A: First, we need to convert Quaterly compounded rate to Effective Annual Rate So, 16.3% Compounded…
Q: What rate, compounded monthly, is equivalent to 18% compounded quarterly? What rate, continuously…
A: Since you have posted multiple questions, we will answer the first one for you. If you want a…
Q: (a) If the interest rate is 6% per year compounded quarterly, what is the effective annual interest…
A: Information Provided: Interest rate = 6% compounded quarterly NOTE: As per our policy, we only…
Q: If the interest rate is 12% compounded quarterly, what is the interest rate per conversion period?
A: The conversion period for the interest rate is the period in which the interest rate gets…
Q: What interest rate compounded monthly is equivalent to an interest rate of 14% compounded quarterly?
A: While estimating the future value or present value of particular investment, an investor would be…
Q: For an interest rate compounded annually of 7%, what is the equivalent interest rate compounded: a.…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
what nominal rate of interest compounded monthly is equivalent to 12% per annum compounded quarterly?
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- What interest rate compounded monthly is equivalent to an interest rate of 14% compounded quarterly?What is the effective rate (annually compounded rate) of interest corresponding to 9% compounded quarterly? What is the equivalent monthly rate?What interest comp. monthly is equivalent to an interest rate of 16.3% comp. quarterly?
- What is the nominal rate of interest compounded semi annually which is equal to 8.65% compounded quarterly in percent?3. What is the equivalent effective rate of interest compounded quarterly if the nominal rate is 14.5%?A nominal interest rate of 12% per annum compounded monthly is equal to what nominal interest compounded semi-annually?
- What nominal annual discount rate compounded semiannually is equivalent to a nominal rate of interest of 12% compounded monthly?What nominal interest rate compounded quarterly is equivalent to j∞=j∞= 7%?What is the rate of interest per interest period if the nominal rate of interest is 25% compounded monthly?