If the compounding frequency is quarterly, then m (the number of compounding periods per year) is:

Select one:

a. 1

b. 4

c. 365

d. 12

e. 2

A $ 120 000.00 mortgage is amortized over 25 years. If interest on the mortgage is 8.5% compounded semi- annually, and you want to calculate the size of monthly payments made at the end of each month. Find p (the equivalent rate of Interest per payment period) Select one: a. 0.0122722344 b. 0.0171977 C. 0.0451794 d. 0.006961062 e. 0.0048675506 You want to calculate how much must be deposited at the end of each month for 10 years to accumulate to $100 000.00 at 6.00% compounded yearly? Find p (the equivalent rate of Interest per payment period) Select one: a. 0.0071622 b. 0.0048675506 C. 0.0067356 d. 0.0122722344 el 0.0451794