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Kaylis [27]
3 years ago
10

If the nominal annual interest rate is 12% compounded quarterly, what is the effective annual interest rate?

Business
1 answer:
irina1246 [14]3 years ago
5 0

Answer:

the effective annual interest rate is 12.55 %

Explanation:

The computation of the effective annual interest rate is shown below:

Effective annual interest rate is calculated by using the following formula

= {(1 + interest  ÷ number of compounding period)^number of compounding period} - 1

= (1 + .12 ÷ 4)^4-1

= (1.03)^4 - 1

r = 1.1255 - 1

r=.1255

hence, the effective annual interest rate is 12.55 %

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marishachu [46]

Answer:

D. Increased efficiency and productivity

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

6 0
3 years ago
A food handler is prepping a seafood coconut curry dish on april 4 using shrimp and scallops. the shrimp has a use-by date of ap
fgiga [73]

The correct answer would be April 8.

Explanation:

A food handler or a chef is prepping a seafood coconut curry dish on April 4. This dish uses shrimps and scallops as ingredients. Shrimps has an use by date of 8th April, and the scallops has the use by date of 10th April. So now the use by date of seafood coconut curry needs to be determined.

It is very simple to determine the use by date of seafood coconut curry. The use by date of both ingredients would be seen, and the use by date of any product which is earlier than use by date of the other, would be set as the use by date of the seafood coconut curry.

So the use by date of shrimps is April 8, so the use by date for the seafood coconut curry would be April 8 too, otherwise due to the expiration of the shrimps on April 8, the whole food will be wasted.

Learn more about the similar concept at:

brainly.com/question/11360013

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6 0
4 years ago
2 reasons why it is important to learn how to use a budget
My name is Ann [436]
 1) So you don't go over your limit 
2) learn how to not spend your money all at one tme
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When making a major purchase, first determine your ______ income by subtracting the deductions from your gross pay.
Bingel [31]

Answer:

When making a major purchase, first determine your  <u>net </u> income by subtracting the deductions from your gross pay.

Explanation:

In business and accounting, net income is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.

6 0
3 years ago
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myrzilka [38]

Equilibrium price will increase and quantity will decrease will be the resulting change in the equilibrium of the chocolate bar market.

The equilibrium charge is the rate at which the amount demanded equals the amount supplied. It's far decided through the intersection of the demand and deliver curves. A surplus exists if the amount of an excellent or carrier provided exceeds the amount demanded on the contemporary charge; it causes downward strain on the charge.

Equilibrium is the nation wherein market supply calls for balance every other, and as a result, costs come to be strong. Typically, an over-supply of goods or services causes expenses to move down, which results in a higher call for—while an underneath-deliver or shortage causes fees to head up resulting in less demand.

Upward shifts inside the supply and demand curves have an effect on the equilibrium rate and amount. If the deliver curve shifts upward, meaning deliver decreases however demand holds constant, the equilibrium rate will increase but the quantity falls.

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