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Author Question: Note: The calculations for this question were done using Excel's RATE function.At what nominal rate ... (Read 149 times)

Jipu 123

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on: Jun 6, 2019

Question 1

Note: The calculations for this question were done using Excel's RATE function.
What is the effective rate of interest charged on a lease valued at $17 040.00 if payments of $1180.00 are made at the beginning of each 3 months for four years?

Question 2

Note: The calculations for this question were done using Excel's RATE function.
At what nominal rate of interest compounded semi-annually will $2200.00 deposited at the beginning of every six months accumulate to $68 000.00 in 11 years?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by Jipu 123 on Jun 6, 2019

HandsomeMarc

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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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Jipu 123

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Reply #2 on: Jun 6, 2019
TY


HandsomeMarc

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Reply #3 on: Jun 6, 2019
You're welcome


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