Question: Please provide the formula and Solution 1. Bank B shows information about loan-type financial products. It shows the nominal interest rate equal to 17% with

Please provide the formula and Solution

1. Bank B shows information about loan-type financial products. It shows the nominal interest rate equal to 17% with the condition of daily interest compounding (1 year equals 365 days). What rate is the real interest rate? EAR is equal to ............ \% ( specify 2 decimal places) 2. S Company wants to withdraw money at the beginning of every month. amounting to 456,000 baht for a period of 5 years And withdraw money again after the end of the period in the amount of 1,234,560 baht The company has deposited money in a fixed deposit account. 1 month fixed deposit Interest rate 3% percentage per annum

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