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Author Question: Determine the effective annual yield for each investment. Then select the better investment. Assume ... (Read 79 times)

jjjetplane

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on: Feb 2, 2020

Question 1

Determine the effective annual yield for each investment. Then select the better investment. Assume 360 days in a year. Round to the nearest hundredth of a percent when necessary.

A = PntP = A = PertY = n - 1

7% compounded monthly; 7.25% compounded annually
◦ 7.23%; 7.25%; 7.25% compounded annually
◦ 7.3%; 7.25%; 7% compounded monthly
◦ 7%; 7.3%; 7.25% compounded annually
◦ 7.4%; 7.3%; 7% compounded monthly

Question 2

Determine the effective annual yield for each investment. Then select the better investment. Assume 360 days in a year. Round to the nearest hundredth of a percent when necessary.

A = PntP = A = PertY = n - 1

7.4% compounded semiannually; 7.3% compounded daily
◦ 7.5%; 7.4%; 7.4% compounded semiannually
◦ 7.4%; 7.6%; 7.3% compounded daily
◦ 7.7%; 7.6%; 7.4% compounded semiannually
◦ 7.54%; 7.57%; 7.3% compounded daily
Thinking Mathematically ¦ Blitzer ¦ 6th Edition
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Marked as best answer by jjjetplane on Feb 2, 2020

LP

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Reply #1 on: Feb 2, 2020
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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jjjetplane

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Reply 2 on: Feb 2, 2020
:D TYSM

bbburns21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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