1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anon25 [30]
2 years ago
6

Problem 1 (15 Points Total): a) (5 points) For an interest rate of 1% per quarter, determine the nominal interest rate per i) se

miannual period, ii) year, and iii) 2 years. b) (10 points) You plan to deposit $100 per week into a fund that pays interest of 6% per year, compounded quarterly. Identify the interest period, compounding period, and number of times interest is compounded per interest period.
Business
1 answer:
IgorLugansk [536]2 years ago
7 0

Answer:

Nominal interest rate semi annual  =2%

Nominal interest rate yearly = 4%

Nominal interest rate per 2 year = 8%

4 quarters in 1 year

Explanation:

given data

interest rate = 1%

deposit   = $100 per week

interest =  6% per year

solution

when quarterly interest rate is 1%

so that here Nominal interest rate per semi annual period will be

Nominal interest rate semi annual  =  1% × 2

Nominal interest rate semi annual  =2%

and

Nominal interest rate per year will be

Nominal interest rate yearly =  1% × 4

Nominal interest rate yearly = 4%

and

Nominal interest rate per 2 year will be

Nominal interest rate per 2 year = 1% × 8

Nominal interest rate per 2 year = 8%

and

when Interest rate compounded quarterly is 6% per year

so here Interest period 1 year as interest will be paid annually

and Compounding period is 1 quarter is compounding quarterly

and here

Interest will be compounded 4 times in 1 interest period

so there is 4 quarters in 1 year

You might be interested in
What are three advantages of attending a community job fair? You can fill out job applications. You can decide whether you like
larisa [96]

Answer:

You can fill out job applications.  

You can hand in your résumé.  

You can talk to a recruiter or hiring manager.

Explanation:

The events organized to discover and explore the employers and the job seeking candidates at a platform. The interested hiring committee and the job seekers meet a point where they find opportunity to seek jobs. This process helps in minimizing the efforts and time of both the employers and the candidates. The instant job offer is the biggest advantage of the fair. The candidates can hand their resume directly to the recruiters and have direct word with them.

6 0
3 years ago
1. When distribution team members use replenishment reports to retrieve quantities of items to be sent to stores they are:
Gemiola [76]

Answer:

D. Picking.................

8 0
2 years ago
What are your opinons on doge coin?
Reil [10]

Answer:

i think that this the first step for meme domination and how it will be the future currency for the republic of the memers

and also a great leap for the dogs of the united doggys

we will not just take it to the moon but to mars as a meaing of human and dog friendship

Explanation:

dont take it to the moon put it in your  closet for your childs to seal for lots of money

5 0
3 years ago
Read 2 more answers
You are a professional financial analyst that is employed to help evaluate possible merger and acquisition candidates. You have
kipiarov [429]

Answer:

Explanation:

Below are some of the financial ratios he should consider:

a) Financial leverage ratios: This is used to measure the company earnings to service debt payments.

b) Return on investment: This is the ratio that is used to evaluate the profitability of the firm and the profit that is available to the stakeholders after all payments have been made.

c) Price to Earnings Ratio: This is an indicator of the price of the company's stock concerning the earnings per share. It is used to analyze if the stock price is over-priced or under-priced.

4 0
3 years ago
A large increase in the supply of hd-tv sets occurs simultaneously with a smaller decrease in its demand. as a result the equili
zhenek [66]
The answer to this question is :<span>decrease, increase
When Demand decreases, it indicates that consumer now is less willing to buy that certain products.
This unwillingness will started to drives the price down. During this period, Sellers will start to create more effort to sell the remaining products so they could obtain the highest price possible</span>
7 0
3 years ago
Other questions:
  • The Color Box uses a combination of common stock, preferred stock, and debt financing. The company wants preferred stock to repr
    13·1 answer
  • The principle benefit of tariff protection goes to a. foreign consumers of the good produced. b. domestic consumers of the good
    12·1 answer
  • The ____ shows an organization's profit over a period of time.
    11·2 answers
  • As an advertising manager of a company, you have been asked to write a proposal stating why the company should advertise and it'
    15·1 answer
  • Fast Rocket, Inc. generated a net loss of $5,000 in its first year (2018) and taxable income of $15,000 in its second (2019). As
    8·1 answer
  • 1.) What are are the advantages and disadvantages of teams?<br> Discussion Question( Managing Teams)
    13·2 answers
  • Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t
    8·1 answer
  • At L=64, K = 82, the marginal product of labor is 10 and the marginal product of capital is 20. What is the marginal rate of tec
    14·1 answer
  • On January 1, Imlay Company purchases manufacturing equipment costing $95,000 that is expected to have a five-year life and an e
    7·1 answer
  • in a simple economy with no government, aggregate expenditure is group of answer choices consumption plus the mpc. mpc mps. cons
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!