Good morning, Please help me with theses exercises Please explain step by step not just the answer because I want to understand how to get there Thank you so much A credit card compounds interest monthly and has an effective annual rate of 12 67 what is the annual percentage rate you have two investment account Investment A is a 15 year annuity that features end of the month $1300 payments and has an interest rate of 7 2 compounded monthly Investment B is 8 continuously compounded lump sum investments, also good for 15 years How much money would you need to invest in B today for it to be worth as much as Investment A 15 years from now Company X has sales 3,100 Total Assets $1,340 Debt Equity Ratio of 1 20 If its return on equity is 15 , what is its net income

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Question: Good morning, Please help me with theses exercises. Please explain step by step not just the answer because I want to understand how to get

Good morning,

Please help me with theses exercises. Please explain step by step not just the answer because I want to understand how to get there. Thank you so much!

A credit card compounds interest monthly and has an effective annual rate of 12.67%. what is the annual percentage rate?
you have two investment account. Investment A is a 15 year annuity that features end of the month $1300 payments and has an interest rate of 7.2% compounded monthly. Investment B is 8% continuously compounded lump sum investments, also good for 15 years. How much money would you need to invest in B today for it to be worth as much as Investment A 15 years from now?
Company X has sales 3,100 Total Assets $1,340 Debt/Equity Ratio of 1.20. If its return on equity is 15%, what is its net income?

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