Question
9. a)What is the future value of$2,750aftersixyearsunder5.6%semiannualcompounding 9b) What is the effective annual rate for5.6%interest withsemiannualcompounding?Be sure to show yourEARanswer to 2 decimals, that is
9.a)What is the future value of$2,750aftersixyearsunder5.6%semiannualcompounding
9b) What is the effective annual rate for5.6%interest withsemiannualcompounding?Be sure to show yourEARanswer to 2 decimals, that is xx.xx%
9c)What is the future value of$2,750aftersixyearsunder5.6%quarterlycompounding?
9d)What is the effective annual rate(EAR)for5.6%interest withquarterlycompounding?
9e) Explain how the effective annual rate changes based on the number of compounding periods per year.
9f)What is the future value of$2,750aftersixyearsunder5.6%dailycompounding?Assume 365 day years and no interim rounding.
9g)What is the effective annual rate for5.6%(APR)interest withdailycompounding?
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
