Amount of $1.00 Invested, Dally, Monthly.
and Quarterly Compounding
Annual
Interest Pe...
Mathematics, 25.02.2022 14:00 bearminar2156
Amount of $1.00 Invested, Dally, Monthly.
and Quarterly Compounding
Annual
Interest Period - 1 year
Rate Daily Monthly Quarterly
5.00% 1.051267 1.051162 1.050945
5.25% 1.053899 1.053782 1.053543
5.50% 1.056536 1.056408 1.056145
5.75% 1.059180 1.059040 1.058752
6.00% 1.061831 1.061678 1.061364
6.25% 1.064489 1.064322 1.063980
6.50% 1.067153 1.066972 1.066602
6.75% 1.069824 1.069628 1.069228
7.00% 1.072 501 1.072290 1.071859
7.25% 1.075185 1.074958 1.074495
5. Use Figure 12.3. Randy Strigle can invest $12,000 at either 6% compounded daily for 1 year or 7%
compounded quarterly for 1 yea. Use the figure to calculate the interest. What is the annual percentage yield
of the better investment?
a 5.219
c. 7.186%
b. 6.183%
d. 7.192%
Answers: 2
Another question on Mathematics
Mathematics, 21.06.2019 20:00
Someone answer asap for ! max recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a. the median of max’s data is 250 b. more than half of the data points max recorded were 177 centimeters. c. a data point chosen at random is as likely to be above the mean as it is to be below the mean. d. every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.
Answers: 1
Mathematics, 21.06.2019 20:30
Jose is going to use a random number generator 500500 times. each time he uses it, he will get a 1, 2, 3,1,2,3, or 44.
Answers: 1
Mathematics, 22.06.2019 01:00
#7. m is the midpoint of pq, the diameter of the circle o is 13in. and rm = 4in. find pm find pq
Answers: 1
Mathematics, 22.06.2019 01:50
Algebraically prove that a clockwise and counterclockwise rotation of 180° about the origin for triangle abc are equivalent rotations.
Answers: 2
You know the right answer?
Questions
Business, 20.09.2019 05:50
Social Studies, 20.09.2019 05:50
Mathematics, 20.09.2019 05:50
Social Studies, 20.09.2019 05:50
Physics, 20.09.2019 05:50
Mathematics, 20.09.2019 05:50
Mathematics, 20.09.2019 05:50
History, 20.09.2019 05:50
