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Find the future value of the following ordinary annuity, if payments are made and interest is compounded as given: R=4600;8.73% interest compounded...

This question was answered on May 16, 2010. View the Answer
Find the future value of the following ordinary annuity, if payments are made and interest is compounded as given: R=4600;8.73% interest compounded quarterly for 9 years. How much of this value is from contributions and how much is from interest  ?

 
Find the effective rate corresponding to the nominal rate of 6.25% compounded semiannually.

 
A stock that sold for $22 at the beginning of the year was selling for $24 at the end of the year. If the stock paid a dividend of $0.50 per share, what is the simple interest rate on an investment in this stock?

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Find the future value of the following ordinary annuity, if payments are made and interest
is compounded as given: R=4600; 8.73% interest compounded quarterly for 9 years. How
much of this value is...

This question was asked on May 16, 2010 and answered on May 16, 2010.

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