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nekit [7.7K]
3 years ago
13

What is the effective annual rate​ (EAR)?

Business
2 answers:
Musya8 [376]3 years ago
7 0

Answer: The effective annual rate​ (EAR) is<u><em> the interest rate that would earn the same interest with annual compounding.</em></u>

The Effective Annual Rate (EAR) is know as the interest rate earned on a subject/asset or remunerated on a borrowing as a consequence of compounding interest over period of time.

The formula to compute effective annual rate is as follow:

Effective Annual Rate = [1 + \frac{interest rate}{compounding periods}]^{time periods} - 1

<u><em /></u>

<u><em>∴ Option (c) is correct.</em></u>

Furkat [3]3 years ago
6 0

Answer:

The correct option here is C) .

Explanation:

The EAR (effective annual interest rate) which is also know as annual equivalent rate, is the interest rate which is either earned or it is paid on a loan or an investment or any financial product because of the compounding done over a defined period of time. This rate comes in very handy when one has to compare different products like loans or certificate of deposits.

FORMULA -

= ( 1 + i / n )^n - 1

where i  = interest rate(NOMINAL ) and n = number of periods

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Though clearly capable, Martina does not seem very confident of herself. She is always unsure of whether she can handle assignme
Taya2010 [7]

Answer: Low self esteem.

Explanation:

Low self esteem is a low believe in oneself. An individual thinking lowly of himself, not being confident in one's ability, feeling bad about one's self.

Martina has a low believe in herself, although she has the quality to carry out a role she doesn't believe she can do it.

She is not also able to forge her path but rather wants to always be in the shadows of others.

7 0
3 years ago
On April 30, 2019, Aggie Corporation purchased Smith Corporation 10%, 5-year bonds with a face value of $12,000 at par plus four
DochEvi [55]

Answer:

Date                    Account Title                                          Debit           Credit

April 30,2019      Held to Maturity investment             $12,000

                            Interest receivable                              $400

                            Cash                                                                           $12,400

<u>Interest receivable:</u>

4 months of accrued interest:

= 12,000 * 4/12 * 10%

= $400

Date                    Account Title                                          Debit              Credit

June 30,2019      Cash                                                      $600

                           Interest receivable                                                         $400

                           Interest revenue                                                             $200

<u>Interest revenue</u>

2 months have passed:

= 12,000 * 2/12 * 10%

= $200

8 0
3 years ago
If food you are reheating for hot holding doesn’t reach 165 degrees within 2 hours what must you do?
DochEvi [55]

If food one is reheating for hot holding doesn't reach 165 degrees within 2 hours; Immediately start the reheating process over again.

<h3>Reheating for hot holding;</h3>

Keeping hot foods ready to serve to the public is simply termed “hot holding”. Hot holding stops germs from growing when food is kept at hot temperatures. This is in line with public safety guidelines and lowers the risk that someone will get sick from eating food.

However, If food you are reheating for hot-holding doesn’t reach 165 degrees within 2 hours; Then, the reheating process is inadequate and one must immediately start the reheating process over again.

Read more on hot holding;

brainly.com/question/12883483

4 0
3 years ago
Our company pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for e
il63 [147K]

Answer:

Job M-47 cost assinged $710

Explanation:

the cost is the sum of the three main component

materials

direct labor

manufacturing overhead (MO)

we will calculate each of this for the Job M-47 add them together to get total cost

Job M-47

material                                                                                  260

15 labor hours

Direct Labor           15 labour hours x 12 labor rate        =     180

      MO                   15 labour hours x 18 overhead rate =    270

Total Cost materials + labor + manufacturing overhead =   710

5 0
4 years ago
Calculate the return on investment in dollars and as a percentage for an investment that you purchase for $500 and sell for $600
Lana71 [14]
<span>(600-500)/500 = 20%


If you want this done in a different way, just please don't hesitate to ask <3
</span>
3 0
4 years ago
Read 2 more answers
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