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1. Find the effective rate equivalent to: A. 8% compounded quarterly B. 12% compounded monthly 2. Find the nominal rate compounded quarterly is equivalent to an effective rate of 8%

Answers

  • Réponse publiée par: mildredjingpacpavhvg

    Problem:

    1. Find the effective rate equivalent to: A. 8% compounded quarterly B. 12% compounded monthly

    2. Find the nominal rate compounded quarterly is equivalent to an effective rate of 8%

    answer & Solution:

    1.

    A. Y=(1+i)^(m)-1

    Y=(1+.02) ⁴-1

    Y=1.02)⁴-1

    Y=1.08243216-1

    Y=0.08243216

    Y=8.24% compounded quarterly

    B. Y=(1+i)^(m)-1

    Y=(1+.01)¹²-1

    Y=(1.01)¹²-1

    Y=1.1268250302-1

    Y=0.1268250302

    Y=12.68% compounded monthly

    2. J=m[(1+y)¹/m-1]

    J=4[(1+.08)¹/⁴-1]

    J=4[(1.08)¹/⁴-1]

    J=4(1.019426547-1)

    J=4(0.019426547)

    J=0.077706188

    J=7.77%

    #CarryOnLearning

  • Réponse publiée par: jbaningzzz

    begin by multiplying both sides by the lcd, x(x+1) x ( x + 1 ) . after distributing and dividing out the common factors, a quadratic equation remains. a complete list of steps for solving a rational equation is outlined in the following example. example 3: solve: xx+2+2x2+5x+6=5x+3 x x + 2 + 2 x 2 + 5 x + 6 = 5 x + 3

  • Réponse publiée par: homersoncanceranguiu
    Hello !

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    habang tumutukoy ito sa pagpaparami, gumamit lamang ng isang tabuada at makita ang pagkakasunod-sunod upang mahanap ang resulta.
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1. Find the effective rate equivalent to: A. 8% compounded quarterly B. 12% compounded monthly 2....