subject
Business, 10.03.2020 06:58 tabocampos1414

Your bank account pays interest with an EAR of 5%. What is the APR quote for this accountbased on semiannual compounding? What is the APR with monthly compounding? With smaller compounding period but a constant EAR, how does the APR change? For advertisement purposes which period would you use: annual, semi-annual, monthly, or daily?'

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 23:30
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
question
Business, 22.06.2019 00:50
Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?
Answers: 2
question
Business, 22.06.2019 14:40
Which of the following would classify as a general education requirement
Answers: 1
question
Business, 22.06.2019 15:30
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
You know the right answer?
Your bank account pays interest with an EAR of 5%. What is the APR quote for this accountbased on se...
Questions
question
English, 25.06.2021 14:00
question
Mathematics, 25.06.2021 14:00
question
English, 25.06.2021 14:00
question
Mathematics, 25.06.2021 14:00
Questions on the website: 13722367