Question: Need help on these 3 questions. Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a
Need help on these 3 questions.
Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a nominal annual discount rate of 8% compounded semiannually. Give your answer as a decimal rounded to two places (i.e. X.xx). QUESTION 4 What annual effective interest rate is equivalent to a nominal annual discount rate of 4% compounded quarterly? Give your answer as a percentage rounded to four places (i.e. X.XXXX%). Do not include the percent sign in Blackboard. QUESTION 5 What annual effective discount rate is equivalent to a nominal annual interest rate of 8% compounded monthly? Give your answer as a percentage rounded to four places (i.e. X.XXXX%). Do not include the percent sign in BlackBoard
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