Explain the effective interest rate
A man has simple discount note for $6,100, at the ordinary bank discount rate of 8.61%, for 40 days. Explain the effective interest rate?
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Changing compounding frequency - Using annual, semiannual, and monthly compounding periods for each of the following, (1) compute the future value if $3,000 is deposited initially, and (2) find the effective annual rate (EAR).
To supplement your planned retirement in exactly 35 years, you determine that you need to accumulate $300,000 by the end of 35 years from today. You plan to make equal, annual, end-of-year deposits in an account paying 6% annual interest.
Financial statement of teng inc., net income after tax (year1. 461,500) (yaer2. 458,250) net income as a percentage of sales (yr.1 5%) (yr.2 4%) gross profit on sales (Yr.1. 3,220,000) (Yr.2. 3,420,0
On the basis of your understanding of the strategic capacity management, explain the concept of outsourcing and off shoring as a strategy to manage capacity. Is this trend, or does it appear to be long-term strategy for companies? Don't think just
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A man has simple discount note for $6,100, at the ordinary bank discount rate of 8.61%, for 50 days. Explain the effective interest rate? Round to the nearest tenth of a percent. Justify your answer
Suppose interest rates in the economy increase. How would such a change affect the costs of both debt and common equity based on the CAPM?
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