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Author Question: Your company is able to arrange financing at either a rate of 12.75 annually, or at a rate of 12 ... (Read 93 times)

dollx

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on: Jul 10, 2018
Your company is able to arrange financing at either a rate of 12.75 annually, or at a rate of 12
  compounded monthly. Assuming financing is needed for one year, which rate is the best?
 
  A) 12.75 annually, because the annual percentage yield for 12 compounded monthly is
  greater than 12.75.
  B) 12.75 annually, because even though the annual percentage yield is higher, interest if paid
  only once per year at year end.
  C) 12 compounded monthly, because the annual percentage yield is 12.68.
  D) Both rates are effectively the same, so your company should be indifferent between the two.

Question 2

If 100 is placed in an account that earns a nominal 4, compounded quarterly, what will it be worth in 5 years?
 
  A) 122.02
  B) 105.10
  C) 135.41
  D) 120.90
  E) 117.48
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


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ashely1112

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Reply #1 on: Jul 10, 2018
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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dollx

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Reply 2 on: Jul 10, 2018
:D TYSM

cdmart10

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

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