Question: Compounding Frequency Adjustments to Interest Rate Use this model for problem below Annual Semi-Annual Quarterly Monthly Weekly Daily None Annual Interest Rate + 2 Annual

Compounding Frequency Adjustments to Interest Rate Use this model for problem below Annual Semi-Annual Quarterly Monthly Weekly Daily None Annual Interest Rate + 2 Annual Interest Rate + 4 Annual Interest Rate +12 Annual Interest Rate +52 Annual Interest Rate + 365 Adjustments to Number of Periods None Quoted Term x 2 Quoted Term x 4 Quoted Term x 12 Quoted Term x 52 Quoted Term x 365 Now you try! Assume you have an 8% annual interest rate and a 5-year term. Please make the appropriate adjustments to the interest rate and the number of periods. Compounding Frequency Adjustments to interest Rate Adjustments to Number of Periods Annual None None Semi-Annual Quarterly Monthly Weekly Daily 3. Simple Interest and Compound Interest - Please complete the table. Assume you have a $200 principal and a 6% annual interest rate. 1 Simple interest Calculation Compound interest Calculation Principal Interest Earned Principal Interest Earned Year 1 Year 2 Year 3 Total interest Year 1 Year 2 Year 3 Total interest PLEASE NOTE: Students, simple interest is used to calculate in the interest due on most consumer loans. We will 28 sty MacBook Air FI 80 F3 899 Db F2 0

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