Business, 09.10.2019 00:30 mahin3545

The number of compounding periods in one year is called compounding frequency. the compounding frequency affects both the present and future values of cash flows. an investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compounded quarterly. what are the nominal, periodic, and effective interest rates for this investment opportunity? you want to invest $17,000 and are looking for safe investment options. your bank is offering you a certificate of deposit that pays a nominal rate of 12% that is compounded quarterly. what is the effective rate of return that you will earn from this investment? 12.551% 12.734% 12.457% 12.865% .suppose you decide to deposit $17,000 in a savings account that pays a nominal rate of 4%, but interest is compounded daily. based on a 365-day year, how much would you have in the account after three months? $16, 655.81 $17, 170.94 $16, 827.52 $17, 514.36

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:10

Aldrich and co. sold goods to donovan on credit. the amount owed grew steadily, and finally aldrich refused to sell any more to donovan unless donovan signed a promissory note for the amount due. donovan did not want to but signed the note because he had no money and needed more goods. when aldrich brought an action to enforce the note, donovan claimed that the note was not binding because it had been obtained by economic duress. was he correct? [aldrich & co. v. donovan, 778 p.2d 397 (mont.)]

Answers: 1

Answer

Business, 22.06.2019 11:30

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Answers: 2

Answer

Business, 22.06.2019 12:40

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

Answers: 2

Answer

Business, 22.06.2019 15:40

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?

Answers: 1

Answer

You know the right answer?

The number of compounding periods in one year is called compounding frequency. the compounding frequ...

Questions