FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can someone answer this it's urgent please with details !!!!!! What is the nominal annual rate compounded semiannually equivalent to an effective rate of 8.39%?

Can someone answer this it's urgent please with details !!!!!!

image text in transcribed
What is the nominal annual rate compounded semiannually equivalent to an effective rate of 8.39%? Round the answer to NOM to four decimal places. (1year = 365days) NOM = % (4 decimal places) EFF = % C/Y =

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these General Management questions

Question

★★★★★
Two concentric metal spherical shells, of radius a and b, respectively, are separated by weakly conducting material of conductivity (Fig. 7.4a).? (a) If they are maintained at a potential difference...

Answered: 1 week ago

Question

★★★★★
In the section that sells swimming suits at a large department store, the number of purchases in an hour follows the Poisson distribution with ???? =

Answered: 1 week ago

Question

★★★★★
As she headed toward her boss's office, Emily Hamilton, chief operating officer for the Aerocomp Corporation-a computer services firm that specialized in airborne support-wished she could remember...

Answered: 1 week ago

Question

★★★★★
need answer asap! Val's Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2018, follows, along with information about selected accounts. Credit Account Names Cash...

Answered: 1 week ago

Question

★★★★★
A Treasury bond that settles on October 18, 2019, matures on March 30, 2038. The coupon rate is 6.20 percent, and the bond has a yield to maturity of 5.71 percent. What are the Macaulay duration and...

Answered: 1 week ago

Question

★★★★★
Question 26 2 Points Dalal faces a reoccurring situation every month, introducing a new product. Accordingly, she created a complex integration mechanism, a permanent committee responsible for...

Answered: 1 week ago

Question

★★★★★
An electronics company headquartered in India, manufacturer & supplier of semiconductor chips to automobile companies across Europe, US and Asia- the Pacific. Looking at the product market demand...

Answered: 1 week ago

Question

★★★★★
analysis should relate the authors of the article to the perspective of the textbook. You may also relate it to your own experiences. This section may vary depending upon what you choose to focus on....

Answered: 1 week ago

Question

★★★★★
calculate the distributed force on surfaces of any height in units of t / m . 5m distributed force 15m 6m density = 1025 kg/m3 g = 9.81 10m

Answered: 1 week ago

Question

★★★★★
The kinematic structure of a 3 DOF snow plowing robot is shown below at its home configuration. Coordinate frames are attached to the individual links, as shown in the figure below. Joint 1 is a...

Answered: 1 week ago

Previous Question Next Question