This topic contains a solution. Click here to go to the answer

Author Question: A bank pays interest quarterly with an EAR of 8%. What is the periodic interest rate applicable per quarter? (Read 34 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
A bank pays interest quarterly with an EAR of 8%. What is the periodic interest rate applicable per quarter?
◦ 2.00%
◦ 1.94%
◦ 1.80%
◦ 1.46%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jasdeep_brar on Jul 9, 2019

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
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.
Answer Preview
Only 25% of students answer this correctly




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jul 9, 2019
:D TYSM


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library