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Please help! I will vote up, thank you! Given a nominal rate i(52) compounded weekly, what is the formula for the equivalent effective annual rate
Please help! I will vote up, thank you!
Given a nominal rate i(52) compounded weekly, what is the formula for the equivalent effective annual rate j1. a. i(1)=((1+i(52)/52)(52/1)1)1 b. None of the other formulas is correct. c. i(1)=((1+j52)(52/1)1)1 d. j1=(1+i(52)/52)(52/1)1 e. j1=(1+j52)(52/1)1 Given an effective annual rate j1, what is the formula for the equivalent effective monthly rate j12. a. i(12)=((1+i(1)/1)(1/12)1)12 b. j12=(1+j1)(1/12)1 c. i(12)=((1+j1)(1/12)1)12 d. None of the other formulas is correct. e. j12=(1+i(1)/1)(1/12)1
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