If an interest rate is given as 12 per cent compounded daily, what do we call this

Question:

If an interest rate is given as 12 per cent compounded daily, what do we call this rate?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

See More Books

Question Posted: Jul 09, 2024 09:00 AM

See More Questions

when one firm's research and development produce discoveries that benefit society as a whole, we call this
Looking for assistance in Finance HW..... I ONLY Need the FORMULASin the function ribbon (for the answers that I already have, which are attached below) Please advise if you can assist and provide...
PowerPoint Assignment for BUS 401: Principles of Finance You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value...
Blocks A and B shown in the figure are free and all surfaces are non-friction. Find the velocity of the blocks at t = 3 s, since the tensile force shown in the graphic is applied to the block A...
Three key activitiessetting a direction, designing the organization, and nurturing a culture and ethicsare all part of what effective leaders do on a regular basis. Explain how these three activities...
What is medigap insurance?
8-7. Cul encuesta proporciona la mayor flexibilidad para hacer preguntas de sondeo: el correo, el telfono o la entrevista personal?
Set up T accounts for Case Advising based on the work sheet in Exercise 6-1A and the chart of accounts provided below. Enter the existing balance for each account. Prepare closing entries in general...
Find the capital gains yield for a 10 -year, 9% annual coupon bond that sells for $887, and has a face value of $1,000. Assume the yield of maturity is 10.91%. (pick the closest) 0.76% 1.76% 10.15%...
What is an APR? What is an EAR? Are they the same thing?
In general, what is the present value of a perpetuity?
Salcedo Co. leased equipment to Erickson Inc. on April 1, 2013. The lease, appropriately recorded as a sale by Salcedo, is for an 8-year period ending March 31, 2019. The first of eight equal annual...
Find f(x) if y = f(x) satisfies dy dx 60yx and the y-intercept of the curve y = f(x) is 6. f(x)
Data on the gasoline tax per gallon ( in cents ) as of a certain date for the 5 0 U . S . states and the District of Columbia are shown below. State Gasoline Tax per Gallon State Gasoline Tax per...
Write a function report card where the user can enter each of his grades, after which the program prints out a report card with GPA. Remember to ask the user how many classes he took (think - why...
VA= 18/ A c = ? 1. For the arrangement of cable and pulleys in the figure, the velocities and accelerations of two of the bodies involved are indicated. Determine the velocity and acceleration of the...
Suppose there are two electric charges in 2D planeR2; one is on y-axis and the other is on x-axis: 45km 0 p1:=0,p2:=30km.(1) Thechargesareq1=4.5Catp1andq2=3.0Catp2. (a) Determine the electric field...
What principle(s) of internal control is (are) involved in making daily cash counts of over-the-counter receipts?
Big Jim Company sponsored a picnic for employees and purchased a propane grill equipped with a standard-sized propane tank for the picnic. To make sure there was enough propane for all the cooking...
Bought an old van for 4000 from Peters promising to pay laterwhat is the transactions
Company has a following trade credit policy 1/10 N45. If you can borrow from a bank at 9,5% annual rate, would it be beneficial to borrow money and pay off invoices earlier?
Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable inter-market arbitrage opportunity? 129.87/$1.1226/$0.00864/ 114.96/ B $0.8908/ (C)...

If an interest rate is given as 12 per cent compounded daily, what do we call this

Question:

Step by Step Answer:

Fundamentals Of Corporate Finance

Students also viewed these Business questions