Question
Company M has one hundred and five million dollars to invest, the bank offers the effective annual rate of 13.5%, what would be the nominal
Company M has one hundred and five million dollars to invest, the bank offers the effective annual rate of 13.5%, what would be the nominal rate payable monthly, bimonthly, quarterly, semi-annually and annually?
You want to open a certificate of deposit for 12 million dollars in Bankalza, the advisor offers you a nominal annual rate of 16.4% and you must choose the capitalization term in which the investment will take the term. Which one would you choose and why?
There is a nominal rate of 12.5%, calculate the effective rate with weekly, bi-monthly, semi-annual and monthly compounding periods.
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