Question: 12. Find the nominal rate compounded semi-annually that is equivalent to 5.2% compounded annually. a) 2.56% b) 2.6% c) 5.13% d) 5.5% 13. Consider the

 12. Find the nominal rate compounded semi-annually that is equivalent to

12. Find the nominal rate compounded semi-annually that is equivalent to 5.2% compounded annually. a) 2.56% b) 2.6% c) 5.13% d) 5.5% 13. Consider the following equation: 2000 (1.05)" = 3700. Find the value of n. a) 1.7619 b) 12.6088 c) 1.7966 d) 11.2598 14. Consider the following equation: 1000(1+i)=1800. Find the value of (1+i). a) 1.8 b) 1.1247 c) 0.5555 d) 0.1247 15. At what rate j compounded annually will the value of $1.00 triple to $3.00 in ten years? a) 11.6% b) 30% c) 1.116% d) 3%

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