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For the following yearly interest rates, find their equivalent monthly, quarterly and biannual equivalent rates: (i) 8.00% (ii) 15.00% (iii) 22.00% (iv) 6.5% (v) 14.5%
For the following yearly interest rates, find their equivalent monthly, quarterly and biannual equivalent rates:
(i) 8.00%
(ii) 15.00%
(iii) 22.00%
(iv) 6.5%
(v) 14.5%
(vi) 1.00%
(vii) 7.65%
(viii) 8.44%
(ix) 9.98%
(x) 2.5%
(xi) 3.00%
(xii) 18.00%
(xiii) 4.80%
(xiv) 5.55%
(xv) 10.00%
(xvi) 4.00%
(xvii) 6.70%
(xviii) 5.70%
(xix) 8.00%
(xx) 6.3%
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