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Accepi My courses $>$ FINC $3310>$ Time Value of Money $(CH$#$5)$

Part $1$

Attempt $\frac{1}{5}$ for $10$ pts$.$

If interest is compounded quarterly, the $$ expresses the interest rate as if it were compounded annually.

quoted rate

effective annual interest return $$

annual percentage rate

period rate

Correct $$

If interest is compounded quarterly, the effective annual interest return expresses the interest rate as if it were compounded annually.

Part $2$

Attempt $\frac{1}{5}$ for $10$ pts$.$

Given a fixed annual percentage rate, compounding more frequently leads to $$

a higher annual percentage rate

a lower effective annual interest return

a lower annual percentage rate

a higher effective $$nnual interest return