Please answer within the hour 4.) Find the Effective Interest Rate for the Stated Rate of...

Please answer within the hour

4.) Find the Effective Interest Rate for the Stated Rate of 0.05 compounded 11 times per year. (Write Down your answer with 5 decimal places, Ex. if the Effective rate is 3.294%, your answer should be 0.03294.)

5.)What would be the monthly payment on a 3 year loan of $37,967 if the interest rate is 0.06 compounded monthly?(Remember, as an example 5.00% equals 0.0500)

6.)A new project is estimated to cost $40,263, its expected net cash flows are $14,323 per year for 8 years, and you have an expected return of 13 Percent. What is the present value of the cash flows?

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jeff jeffy answered 7 months ago

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