Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

The simple interest rate which is equal to a discount rate of 12% per year for a period of 18 months is a. 14,63%. b.

The simple interest rate which is equal to a discount rate of 12% per year for a period of 18 months is a. 14,63%. b. 12,00%. c. 0,12%. d. 10,34%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Unlock The Potential Of Forex An Essential Guide To Forex Trading

Authors: Enoch Grennan

1st Edition

979-8388679659

More Books

Students also viewed these Finance questions

Question

★★★★★

Find the average power absorbed by the network in figure, if vs(t) = 20 + 10 cos (377t + 60o) + cos (1131t + 45o) V a. 175.25 W b. 205.61 W c. 150.36 W d. 218.83 i(t) 20 10 mH

Answered: 1 week ago

Question

★★★★★

Journal entry worksheet Record the adjusting entry required, if any, related to Check Number 3056. Note: Enter debits before credits. Journal entry worksheet Record the adjusting entry required, if...

Answered: 1 week ago

Question

★★★★★

Is it ethical to record a conversation with your boss without his or her knowledge?

Answered: 1 week ago

Question

★★★★★

In a pretest, data on Nike were obtained from 45 respondents. These data are given in the following table, which gives the usage, sex, awareness, attitude, preference, intention, and loyalty toward...

Answered: 1 week ago

Question

★★★★★

Question 10 What is the value of a common stock whose current dividend is 14 per shinestons require a 10 percent return and analyse parametrowth and the divided to remain content level. 4 points $40...

Answered: 1 week ago

Question

★★★★★

During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follows: Aggressive Fund Passive Fund % 2% Note that this is a sample of...

Answered: 1 week ago

Question

★★★★★

3. Warren Reed just turned 40. He has decided that he would like to retire when he is 65. He thinks that he will need $2,000,000 in special retirement accounts at age 65 to maintain his current...

Answered: 1 week ago

Question

★★★★★

In this question, you can use either the built-in Excel functions or the instructional templates to help answer the questions. In parts (a) and (b), also give the distribution(s) used and its...

Answered: 1 week ago

Question

★★★★★

You are performing an internal audit in factory which has established an improvement (learning curve) 70%. Unit number one of the current model being produced requires 8,000 labor hours to construct....

Answered: 1 week ago

Question

★★★★★

Huimin Ltd. had the following account balances at December 31, 2021: Account Name Amount Dividends $2,500 Prepaid expenses 1,500 Interest expense 750 Website expense 600 Accounts receivable 17,300...

Answered: 1 week ago

Question

★★★★★

Fundamental Model: Spot Rate Model: Predicted Value of Predicted Value of Actual Value of Period Singapore dollar Singapore dollar Singapore dollar 1 US$0.62 US$0.70 US$0.70 2 $0.64 $0.70 $0.80 3...

Answered: 1 week ago

Question

★★★★★

=+4. How does cultural context affect communication? [LO-5]

Answered: 1 week ago

Question

★★★★★

=+1. What benefits does effective communication give you and your organization? [LO-1]

Answered: 1 week ago

Question

★★★★★

=+5. Why is it important to also connect in person when using technology to communicate? [LO-6]

Answered: 1 week ago

Previous Question Next Question