IMG_8727.jpeg - d 62 p a ie 3 in 6months not the ivas right to elfreetive interest rate per 6 months valu Compounded monthly m i = effective rate per 1

# IMG_8727.jpeg - d 62 p a ie 3 in 6months not the ivas right...

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Unformatted text preview: d . 62 p. a, ie 3 % in 6months not the ivas. right: to elfreetive interest rate per 6 months ? valu! Compounded monthly m i = effective rate per 1: 9 = ( 1 + 0.8 \ 6 - 1 then v v= 3%% m = 6 . must also be sealed in to 6montly. 0 . 03 038 or 3. 038 % compounded monthly - z. ir 6month. Q . 4to p: a compounded quakerty. 490/4 = 12 perquater. HOLD T = CHAT - 1260 Red compounded quaterly ) Te.i.v per year i per year v=)per year r= 4% mak i = ( 1 + 0. 04 ) 4 - 1 = 02040 6 6 4 Q. i = perannum )r = peramnum interest rate per quarter? 1 = 0. 06 4 =0.015 compounded compounded annally annelly quarter....
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