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Pavel [41]
2 years ago
8

Find the APR in each of the following cases. EAR Number of Times Compounded APR 15.3% Semiannually 8.7% Monthly 9.4% Weekly 14.9

% Daily
Business
1 answer:
jasenka [17]2 years ago
3 0

Answer:

14.76%

8.37%

8.99%

13.89%

Explanation:

the formula for finding APR is - periodic interest rate x number of times compounded

Periodic interest rate = (EAR + 1 ) ^1/m - 1

(0.153 + 1)^1/2 - 1 = 0.0738 = 7.38

APR = 2 x 7.38% = 14.76%

(0.087 + 1)^1/12 - 1 = 0.006976

APR = 0.006976 X 12 = 0.0837 = 8.37%

(0.094 + 1 ) 1/52 - 1 = 0.001729

0.001729 x 52 = 0.0899 = 8.99%

(0.149 + 1)^1/365 - 1 = 0.000381

0.000381 x 365 = 0.138918 = 13.89%

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Answer:

the  price elasticity of supply is 0.555

Explanation:

The computation of the price elasticity of supply is given below:

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Multiple Choice Best Buy decided to bring in Hubert Joly as CEO to replace Brian Dunn. Amazon has many strategically located dis
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Complete question reads;

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