If money is invested for 4 years, the per annum simple interest rate equivalent to a...

If money is invested for 4 years, the per annum simple interest rate equivalent to a nominal rate of 4.9%p.a compounding monthly is (as a percentage rounded to three decimal places; don’t use % sign): Answer:

Expert Solution

jeff jeffy answered 1 year ago

If money is invested for 10 years, the per annum simple interest rate equivalent to a...

If money is invested for 10 years, the per annum simple interest rate equivalent to a nominal rate of 6.5%p.a compounding quarterly is

If money is invested for 8 years at a simple interest rate of 8.6% per annum,...

If money is invested for 8 years at a simple interest rate of 8.6% per annum, the nominal interest rate per annum, compounding monthly, is (as a percentage rounded to three decimal places; no % sign):

An interest rate is 6.75% per annum with continuous compounding. What is the equivalent rate with...

An interest rate is 6.75% per annum with continuous compounding. What is the equivalent rate with semiannual compounding?

An interest rate is 7.50% per annum with annual compounding. What is the equivalent rate with...

An interest rate is 7.50% per annum with annual compounding. What is the equivalent rate with continuous compounding? (Answer is in percentage with two decimal place - example 5.35)

An interest rate is 9.50% per annum with continuous compounding. What is the equivalent rate with...

An interest rate is 9.50% per annum with continuous compounding. What is the equivalent rate with semiannual compounding? (Answer in percent with two decimals. Example 5.25)

You are investing a sum of money for 4 years. You earn a simple interest rate...

You are investing a sum of money for 4 years. You earn a simple interest rate of r = 10% for the first 2 years and j12 = 6% for the last 2 years. What is the equivalent effective annual rate of return, j, you earn over each of the 4 years? A. 7.98% B. 8.81% C. 8.07% D. 7.84%

Calculate the simple interest. (6 marks) Principal Rate per Annum Time Simple Interest $1356.78 8% 6...

Calculate the simple interest. Principal Rate per Annum Time Simple Interest $1356.78 8% 6 years $685.43 9.25% 7 months $1595.85 7.75% 185 days Calculate the principal. Simple Interest Rate per Annum Time Principal $1275.00 8.5% 3 years $585.90 9.25% 5 months $210.75 8.75% 63 days Calculate the interest rate per annum correct to 1 decimal place. Principal Simple Interest Time Rate per Annum $10,563.77 $7394.64 7 years $6854.25 $433.53 11 months $450.00 $7.22 66 days Calculate the simple interest, then...

Phyllis invested $8,500, a portion earning a simple interest rate of 3 1/4% per year and...

Phyllis invested $8,500, a portion earning a simple interest rate of 3 1/4% per year and the rest earning a rate of 3% per year. After one year the total interest earned on these investments was $271.25. How much money did she invest at each rate? at 3 1/4% per year $_______ at 3% per year $________

A loan of RM5,000 for 20 months at 10% per annum simple interest rate was settled...

A loan of RM5,000 for 20 months at 10% per annum simple interest rate was settled by making 20 monthly payments. Find the outstanding principal just after the eighth payment by using the Rule of 78.

$14,000 is invested for 7 years at an annual simple interest rate of 11%. (a) How...

$14,000 is invested for 7 years at an annual simple interest rate of 11%. (a) How much interest will be earned? $ (b) What is the future value of the investment at the end of the 7 years? $ 2.–/1 points My NotesAsk Your Teacher $10,000 is invested for 6 months at an annual simple interest rate of 3%. (a) How much interest will be earned? $ (b) What is the future value of the investment after 6 months? $...

Question