What nominal interest rate per year is equivalent to an effective 18% per year compounded semiannually? Select one: O a. 18.81 O b. 24.33 O c. 21.81 O d. 17.26 O e. 19.75
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- What is the effective interest rate per payment period for an interest rate of 12% compounded monthly when the payment is quarterly ? Select one: a.0.06 b. 0.5 c. 0.12 d. 0.4 e.0.03If i= 14.8% per year, compounded monthly, What is the effective interest rate per semiannual? (ABET, S01) Select one: Oa. 15.85% Ob. 7.63% O c. 7.4% O d. 1.23% Oe. 7.91%which one is correct answer please confirm? Q29: What monthly rate of interest will yield an annual effective rate of interest of 14%? a. 1.14% b. 1.08% c. 1.10% d. 1.17%
- An interest rate obtained by dividing the nominal rate per year by the number of compounding periods in that year isa. A nominal interest rateb. An effective interest ratec. An effective interest rate only if the compounding period is monthlyd. Either (b) or (c)which one is correct please confirm? QUESTION 31 What is the effective rate of interest on a CD that has a nominal rate of 9.5 percent with interest compounded monthly? a. 9.86% b. 9.93% c. 10.02% d. 9.74%Over a given year the force of interest p.a is a linear function of time, falling from 0.15 at the start of the year to 0.12 at the end of the year. The value at the start of the year of the nominal rate of interest per annum on a transaction of 1 month term is: Select one: a. 0.28 O b.0.14 c. 0.07 d. 0.21
- What is the equivalent effective rate of interest compounded quarterly if the nominal rate is 19.5%? O 20.97% O 21.55% O 19.66% O 18.41%Which of the following nominal and periodic interest rates is NOT equivalent to a nominal interest rate of 8% per annum, compounded annually (j₁ = 8%)? O 112= 7.720836% Oi-1.942655% O 12=7.846097% O imo=0,666667%16. What annual rate r compounded continuously is equivalent to a nominal rate of 6% compounded semiannually? A. €1100 B. €1410.26 C. D. €1733.56 €1459.61
- which one is correct please confirm? QUESTION 38 What monthly rate of interest will yield an annual effective rate of interest of 14%? a. 1.14% b. 1.17% c. 1.10% d. 1.08%FOLLOWING QUESTIONS: 1. Consider that the number of periods and the amount of equal installment every year is the same with the given yet the prevailing market interest rate is 10%, how much would be the present value at 01/01/2020? A.973,684 B.1,088,815 C.1,217,105 D. 1,241,910 2. How much is the interest expense on December 31, 2020? A. 91,121 B. 108,143 C. 123,342 D. 136,913 3. How much is the interest expense on December 31, 2021? A. 108,143 B. 123,342 C. 136,913 D. 250,000 4. How much is the Present value at December 31, 2022? A. 600,459 B. 759,339 C. 901,195 D. 1,027,853 5. How many periods or equal installments to pay the Note Payable? A. 5 B. 6 C. 7 D. 8 6. How much is the annual installments? A. 200,000 B. 225,000 C. 250,000 D. 260,000 7. On 12/31/2020, the CURRENT PORTION of the Note Payable would be? A. 113,087 B. 126,658 C. 141,857 D. 158,879 PLEASE PROVIDE SOLUTIONS EVERY ANSWERS. THANK YOU!What compound interest rate j12 is equivalent over 10-year period to a compound interest rate of i1=1.28 % for 9 years followed by a compount interest of i2=14.52 % for the next 1 years ? Answer: 0.0253