Answer: Quarterly
Explanation:
Annual interest rate = 4.00%
Effective annual rate = 4.08%
To know if the bank is compounding interest daily or quarterly goes thus:
Effective Annual rate can be calculated using:
= (1+Periodic rate)^number of compounding periods - 1
Therefore, we calculate the daily compounding effective annual rate which will be:
= (1+4%/365)^365 - 1
= (1 + 0.04365)^365 - 1
= 4.08%
For Quarterly EAR, this will be:
= (1+4%/4)^4 - 1
= (1 + 0.04/4)^4 - 1
= 4.06%
Therefore, the a bank is compounding interest Quarterly
Complete Question:
An urban planner is designing a new urban housing development in a currently rural area near an existing city. The urban development will have five 10-story apartment buildings, two basketball courts, a playground with permeable foam pavers, a 10-acre green space with a small man-made pond, one 5-story parking deck, and direct access to the mass transit train line. Which of the following aspects of the design for this new urban development will best help to reduce the amount of carbon dioxide released into the atmosphere?
A. The land cleared to build the new development occurs in a rural area rather than within the city limits.
B. The playground is made with permeable foam pavers rather than with impervious concrete.
C. Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.
D. Food and other resources must be transported to the development from up to 200 miles away.
Answer:
Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.
Explanation:
The best option that will help to reduce the amount of carbon dioxide released into the atmosphere is to create access to the mass transit train line which will consequently provide inhabitants an alternative to driving personal vehicles.
A the more complete and accurate an organization wants its information to be the more it cost
They are. defining, quality, and easy
Interest on debt is a tax-deductible expense, which means that it can reduce a firm’s taxable income and tax obligation
Answer: Option 2.
<u>Explanation:</u>
The leveraging effect is explained in terms of the returns of the company in terms of the equity. It measures the returns that a company or an organisation will get because of the capital that it has employed in various places and the returns that it will get for the company.
It also measures the returns of the company in terms of the cost of the debt of the company. The leverage effect is the difference between Return on Equity and Return on Capital employed.
