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Author Question: Calculate the nominal rate of interest p.a. compounded semi-annually if $5000.00 accumulates to ... (Read 120 times)

formula1

  • Hero Member
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  • Posts: 666
on: Jun 6, 2019

Question 1

How many compounding periods does it take for a non-interest bearing bond of $420 150 to be reduced to $199 989 at a discount rate of 5.44% compounded monthly?
◦ 184.12
◦ 146.12
◦ 154.12
◦ 121.12
◦ 164.12

Question 2

Calculate the nominal rate of interest p.a. compounded semi-annually if $5000.00 accumulates to $7002.64 in 78 months.
◦ 0.8656%
◦ 2.625%
◦ 5.25%
◦ 0.0525%
◦ 0.02625%
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by formula1 on Jun 6, 2019

soda0602

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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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formula1

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

bimper21

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

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