Calculate the effective annual rate of discount which is equivalent to a nominal rate of discount of 9.2% per annum payable every 6 months (correct answer = 8.98840, no tables, please, only formulas)
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Calculate the effective annual rate of discount which is equivalent to a nominal rate of discount of 9.2% per annum payable every 6 months (correct answer = 8.98840, no tables, please, only formulas)
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- Calculate the annual force of interest which is equivalent to an effective rate of discount of 2.8% per 2 months. (correct answer = 17.03968, no tables, please, ONLY formulas)The monthly effective rate of discount is 0.7% . Calculate the force of interest per annum which is equivalent to this discount rate. (correct answer = 8.42954, NO tables, only formulas, please)Calculate the effective annual rate of interest which is equivalent to a force of interest of 0.8% per 8 months. (correct answer = 1.20723, No tables, ONLY formulas, please)
- Assume an effective compound interest rate i= 3% per annum. Compute the following equivalent rates. In each case, enter your answer as a percentage. a) The nominal interest rate payable semi-annually Number % Enter an answer correct to 4 decimal places. b) The effective interest rate payable quarterly Number Enter an answer correct to 2 decimal places. c) The effective rate of discount per annum Number Enter an answer correct to 2 decimal places. d) The nominal rate of discount payable monthly Number % Enter an answer correct to 4 decimal places.Assume an effective compound interest rate i = 6% per annum. Compute the following equivalent rates. In each case, enter your answer as a percentage. a) The nominal interest rate payable semi-annually 数字 Enter an answer correct to 4 decimal places. % b) The effective interest rate payable quarterly 数字 % Enter an answer correct to 2 decimal places. c) The effective rate of discount per annum 数字 Enter an answer correct to 2 decimal places. % d) The nominal rate of discount payable monthly 数字 % Enter an answer correct to 4 decimal places.Determine the DISCOUNTED MEAN TERM (in years) of the following series of payments: £200 payable after 8 years, £100 payable after 12 years, and £450 payable after 16 years, using an effective rate of interest of 6% annually. No tables, only formulas, correct answers=12.5865
- Calculate the annual force of interest which is equivalent to an effective rate of interest of 1.9% per 2 months. (correct answer = 11.29305) (no tables please, ONLY FORMULAS)Assume an effective compound interest rate i = 10% per annum. Compute the following equivalent rates. In each case, enter your answer as a percentage. a) The nominal interest rate payable semi-annually % Enter an answer correct to 4 decimal places. b) The effective interest rate payable quarterly % Enter an answer correct to 2 decimal places. c) The effective rate of discount per annum % Enter an answer correct to 2 decimal places. d) The nominal rate of discount payable monthly % Enter an answer correct to 4 decimal places.Percentages need to be entered in decimal format, for instance 3% would be entered as .03 in cell B12.) Set up an amortization schedule for a $30,000 loan to be repaid in equal installments at the end of each of the next 20 years at an interest rate of 10%. What is the annual payment? Set up an amortization schedule for a $30,000 loan to be repaid in equal installments at the end of each of the next 20 years at an interest rate of 20%. What is the annual payment? Set up an amortization schedule for a $60,000 loan to be repaid in equal installments at the end of each of the next 20 years at an interest rate of 10%. What is the annual payment? Set up an amortization schedule for a $60,000 loan to be repaid in equal installments at the end of each of the next 20 years at an interest rate of 20%. What is the annual payment? After you input the data for each scenario, click on the Graph tab (second tab on the worksheet) and look at the Principal and Interest portions of the payments…
- Find the uniform annual amount equivalent to a uniform gradient series in which the payment for the first year is ¢ 500, the second is ¢ 600, the third is ¢ 700, and so on for a total of 15 payments. The annual interest rate is 8%.Assume an effective compound interest rate i = In each case, enter your answer as a percentage. a) The nominal interest rate payable semi-annually 数字 Enter an answer correct to 4 decimal places. % b) The effective interest rate payable quarterly 数字 Enter an answer correct to 2 decimal places. % c) The effective rate of discount per annum 数字 Enter an answer correct to 2 decimal places. % 10% per annum. Compute the following equivalent rates. d) The nominal rate of discount payable monthly 数字 Enter an answer correct to 4 decimal places. %a. If the one-year discount factor is 0.9217, what is the one-year interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. If the two-year interest rate is 8.5%, what is the two-year discount factor? (Do not round intermediate calculations. Round your answer to 4 decimal places.) c. Given these one- and two-year discount factors, calculate the two-year annuity factor. (Do not round intermediate calculations. Round your answer to 4 decimal places.) d. If the PV of $10 a year for three years is $25.54, what is the three-year annuity factor? (Do not round intermediate calculations. Round your answer to 4 decimal places.) e. From your answers to (c) and (d), calculate the three-year discount factor. (Do not round intermediate calculations. Round your answer to 4 decimal places.) a. Interest rate % b. Discount factor c. Annuity factor d. Annuity factor e. Discount factor