Business, 09.10.2019 00:30 mahin3545

The number of compounding periods in one year is called compounding frequency. the compounding frequency affects both the present and future values of cash flows. an investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compounded quarterly. what are the nominal, periodic, and effective interest rates for this investment opportunity? you want to invest $17,000 and are looking for safe investment options. your bank is offering you a certificate of deposit that pays a nominal rate of 12% that is compounded quarterly. what is the effective rate of return that you will earn from this investment? 12.551% 12.734% 12.457% 12.865% .suppose you decide to deposit $17,000 in a savings account that pays a nominal rate of 4%, but interest is compounded daily. based on a 365-day year, how much would you have in the account after three months? $16, 655.81 $17, 170.94 $16, 827.52 $17, 514.36

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 04:10

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

Answers: 1

Answer

Business, 22.06.2019 07:30

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.

Answers: 1

Answer

Business, 22.06.2019 09:30

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

Answers: 1

Answer

Business, 22.06.2019 09:30

Which of these is not a result of regular exercise

Answers: 1

Answer

You know the right answer?

The number of compounding periods in one year is called compounding frequency. the compounding frequ...

Questions