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Author Question: What is the monthly discount rate expressed as an nominal annual rate for a future value of $182 500 ... (Read 113 times)

fagboi

  • Hero Member
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  • Posts: 535
on: Jun 6, 2019

Question 1

What is the quarterly interest rate that you will need to earn in order for an investment of $1635 to grow to be $1748.73 after 2.25 years?
◦ 13.93%
◦ 12.93%
◦ 8.93%
◦ 3.00%
◦ 10.93%

Question 2

What is the monthly discount rate expressed as an nominal annual rate for a future value of $182 500 to be reduced to $178 663.58 over a period of 4.25 years?
◦ 8.04%
◦ 6.88%
◦ 4.88%
◦ 0.50%
◦ 4.06%
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by fagboi on Jun 6, 2019

ecox1012

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fagboi

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Reply 2 on: Jun 6, 2019
YES! Correct, THANKS for helping me on my review

rleezy04

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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