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Which would you rather have: a daily compounded rate of 0.045%, a weekly compounded rate of 0.305%, a monthly compounded rate

balandron [24]

Answer:

Calculations are listed below.

Explanation:

To compare each rate, we will calculate the real annual rate for each one.

Annual rate= [(1+i)^n] - 1

A) daily compounded rate of 0.045%

Annual rate= {(1.00045^365)-1}*100= 17.85%

B) A weekly compounded rate of 0.305%

Annual rate= {[(1.0035^52)-1]}*100= 19.92%

C) A monthly compounded rate of 1.55%.

Annual rate= [(1.0155^12)-1]*100= 20.27%

D) A quarterly compounded rater of 4.25%

Annual rate= [(1.0425^4)-1]*100= 18.11%

E) A semiannually compounded rate of 8%

Annual rate= [(1.08^2)-1]*100= 16.64%

F) An annually compounded rate of 18%.

<u>The best rate for investment is a monthly compounded rate of 1.55%.</u>

G) What is the effective annual (EAR) of a daily compounded rate of 0.050%?

Annual rate= [(1.00050^365)-1]*100= 20%

7 0

3 years ago

In noting that he had "yet to engage in a direct-action campaign that was ‘well timed,’" martin luther king, jr. , was most like

Mamont248 [21]

Martin Luther King, Jr. was argued that African-Americans should be more patient and that civil rights should not be for all.

<h3>Who is Martin Luther King Jr?</h3>

Martin Luther King Jr can be regared as an American Baptist minister as well as

activist who was the civil rights movement leader in 1955 .

Therefore, he stressed that African-Americans should be more patient and that civil rights should not be for all.

Learn more about Martin Luther King Jr at;

brainly.com/question/24034250

5 0

3 years ago

In macroland potential gdp equals $20 billion and real gdp equals $19.2 billion. macroland has a(n) ______ gap equal to ______ p

Jet001 [13]

Potential GDP = $20
Real GDP =$19.2
so an output gap is measured relative to potential output and it is calculated according to the formula [( X - Y ) Ă· Y] Ă—100. In this case, the output gap is [($10 billion - $8 billion) Ă· $8 billion] Ă—100 = 25%.

6 0

3 years ago

During August, Department Z started and completed 90,000 units and also finished 18,000 units that were 75% completed on July 31

shutvik [7]

Answer:

106,200 units

Explanation:

During August,

Department Z started and completed = 90,000 units

Finished units = 18,000 units

Ending inventory = 26,000 units

The number of equivalent units of production for Department Z during August:

= Started and completed units + (25% of finished units) + (45% of Ending inventory)

= 90,000 + (18,000 × 0.25) + (26,000 × 0.45)

= 90,000 + 4,500 + 11,700

= 106,200 units

4 0

4 years ago

Critics of labor unions argue that unions are no longer needed to protect workers from abusive and unfair treatment because:

Evgen [1.6K]

Answer:

C. laws and modern management attitudes minimize the possibility of unsafe working conditions and unfair treatment of workers found in earlier eras.

Explanation:

Throughout the history, labor unions have been formed to protect the rights of labors. The reasons behind the formation of these labor unions were;

Unavailability of labor laws

Unsafe working conditions

Poor attitude of management

low wages etc

Therefore, critics claim that in the modern times there is no need for labor unions because labor laws has been created and implemented in order to safeguard the rights of labors. Regulatory authorities have been formed to ensure safe working conditions. With the passage of time, the attitude of management has changed a lot and they are now much more considerate towards their employees and treat them as equal beings in contrast to old times.

4 0

3 years ago