Business, 02.02.2022 15:40 pollywallythecat
At the end of 6 months, the bank will pay $13,000 to the certificate A owner. Compute the nominal annual interest rate and the effective annual interest rate. At the end of 6 months, the bank will pay $13,000 to the certificate A owner.
Required:
Compute the nominal annual interest rate and the effective annual interest rate.
Answers: 2
Business, 22.06.2019 11:40, maddied2443
The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?
Answers: 3
Business, 22.06.2019 22:00, ednalovegod
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
Answers: 2
At the end of 6 months, the bank will pay $13,000 to the certificate A owner. Compute the nominal an...
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