Question: 11. How much is the annual interest rate compounded semiannually on a 3 year investment, costing $56 and pays back $71 22? :) 7.0096 b)6.2596

11. How much is the annual interest rate compounded semiannually on

11. How much is the annual interest rate compounded semiannually on a 3 year investment, costing $56 and pays back $71 22? :) 7.0096 b)6.2596 c)9 0096 d)8.799%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

The A-36 steel pipe has an outer radius of 20 mm and an inner radius of 15 mm. If it fits snugly between the fixed walls before it is loaded, determine the reaction at the walls when it is subjected...

I need help with the following assignment, I would like to see how the problems are done please. Thank you 1. Matt purchased a 20-year par value bond with an annual coupon rate of 8% compounded...

Thank you for advance. Could you help me with #6, 12,13,15,17. I calculated them and got 2.08, 14.6, 2.13, 2145 and 104500. Could you solve them again and show me the solution? 1. Matt purchased a...

Could someone do the attach question about financial math and explain it step by step? Thank you 1. Matt purchased a 20-year par value bond with an annual coupon rate of 8% compounded semiannually...

Instructions: The task to be carried out consists of quantitative problems applying the techniques of Time Value of Money, you must write the formula used 1. Carlos has $ 75,000 to invest. He decides...

PowerPoint Assignment for BUS 401: Principles of Finance You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value...

can you please answer #45 and #56? it is from the same document from before. Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement...

MGMT 640 Midterm Exam Ques. 1) Which of the following is not an advantage of the corporate form of business organization? a. Sell debt or equity in public capital markets b. Owners have limited...

please see question 53 about the amount owed in taxes the following year. Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or...

an investment will $205,000 at the end of next year for an investment of $183,000 at the start of the year. If the market interest rate is 8% over the same period, should the investment be made?...

45. Luther Industries has a dividend yield of 4.5% and a cost of equity capital of 12%. Luther Industries' dividends are expected to grow at a constant rate indefinitely. The growth rate of Luther's...

The first step to take in choosing to import products is to: Contact possible suppliers in other nations. B Receive the imported products. Arrange for shipment of the products. D Determine demand for...

A rigid insulated tank contains 0.6 kg of air, initially at 200 kPa, 20 C. The air is stirred by a paddle wheel until its pressure is 250 kPa. Using the ideal gas model = 0.72 kJ kgK1, determine, in...

Special damages that compensate for a loss caused by circumstances beyond the contract itself are liquidated damages. Group of answer choices True False

Question: Explain the various functional areas that exist in Functional Area Information Systems, and explain how efficient and effective each area is!

Health Services Management II Explain the difference between task, maintenance, and personal roles in groups and p rovide an example of each. As a healthcare manager, which roles would come easily to...

Consider the following statement: The essence of project management is risk management. What does it mean in terms of completing a project successfully?

The Manchester United Soccer Tournament project team (refer to the Manchester United Soccer club case study in chapter 4 of the text) has identified the following potential risks to their project: 1....

The wavefunction describing the ground state electron of a hydrogenic atom (i.e. the 1s orbital) is given by the following, s(r, 0, 0) = 3 2 (+) 11 43100 MIN e-2Zr/a02 e Show that this is a solution...

What would likely happen if the government were able to force a firm to internalize the external cost of its production? a. The firm would produce more to make up for incurring a higher private cost....

7. As your starting point, take a discussion you have had with a person at your workplace. Answer the following questions: Answer the following questions: What did you want to achieve? How did you...

5. What does it mean when someone views it as important for their human dignity to maximize certain human values?

6. Based on the following distributional norms, discuss what you think should be the norms basis of your workplace / school. Prioritize the distribution norms as you think they should be used: a) It...