Question

What is the Effective Annual Yield for an account provided 12% compounded quarterly? Chose one below...

What is the Effective Annual Yield for an account provided 12% compounded quarterly?

Chose one below

12.55%

15.81%

17.95%

12.01%

Homework Answers

Answer #1

Calculation-

Please upvote if the answer is helpful.In case of doubt,do comment.Thanks.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
5. For an annual interest rate of 10% compounded quarterly what it will be the effective...
5. For an annual interest rate of 10% compounded quarterly what it will be the effective annual interest rate?
Account A pays a 5.33 percent annual percentage rate, compounded quarterly. Account B pays a 5.22...
Account A pays a 5.33 percent annual percentage rate, compounded quarterly. Account B pays a 5.22 percent annual percentage rate, compounded monthly. What is the difference between the two effective annual rates? 0.11% 0.09% 0.08% 0.10%
Bank D pays 7.289% effective annual yield, on an investment account in which interest is compounded...
Bank D pays 7.289% effective annual yield, on an investment account in which interest is compounded weekly. What is the annual interest rate before compounding? Enter your answer as a percent, rounded to the nearest four decimals, without the % sign. (9.34562% should be input as 9.3456.)
If a nominal interest rate compounded quarterly is 8%, what is the annual effective discount rate?...
If a nominal interest rate compounded quarterly is 8%, what is the annual effective discount rate? SHOW FORMULAS AND GET THUMBS UP
1- For an annual interest rate of 10% compounded continuously what it will be the effective...
1- For an annual interest rate of 10% compounded continuously what it will be the effective annual interest rate? 2. For an annual interest rate of 10% compounded quarterly what it will be the effective annual interest rate? 3. For a monthly interest rate of 1.2 % compounded quarterly what it will be the effective annual interest rate?
What is the effective annual rate if a bank charges you 8.25 percent compounded quarterly? a....
What is the effective annual rate if a bank charges you 8.25 percent compounded quarterly? a. 8.42% b. 8.32% c. 8.51% d. 8.91%
A special account pays 4.9% nominal interest compounded every 3 months. a) What is the effective...
A special account pays 4.9% nominal interest compounded every 3 months. a) What is the effective annual rate? b) What is the effective quarterly rate?
8. A given rate is quoted as 12% APR, but has an effective annual rate (EAR)...
8. A given rate is quoted as 12% APR, but has an effective annual rate (EAR) of 12.55%. What is the frequency of compounding during the year? a. Annually b. Semiannually c. Quarterly d. Monthly e. Daily
What lump sum deposited today at 12​% compounded quarterly for 10 years will yield the same...
What lump sum deposited today at 12​% compounded quarterly for 10 years will yield the same final amount as deposits of ​$4000 at the end of each​ 6-month period for 10 years at 10​% compounded​ semiannually?
What lump sum deposited today at 12​% compounded quarterly for 5 years will yield the same...
What lump sum deposited today at 12​% compounded quarterly for 5 years will yield the same final amount as deposits of ​$5000 at the end of each​ 6-month period for 5 years at 8​% compounded​ semiannually?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT