SOLUTION: what is the annual yeild of an investment at 10.5% if interest is compunded quaterly?
compunded monthly?
compounded dailey?
Algebra.Com
Question 876219: what is the annual yeild of an investment at 10.5% if interest is compunded quaterly?
compunded monthly?
compounded dailey?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
In General
r= annual rate = .105
n= periods per year = see below
t= years = 1
Plug and Play
= .10920 0r 10.92%
RELATED QUESTIONS
I need help!
The amount A in an account after t years of an initial principle P... (answered by funmath)
Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If... (answered by venugopalramana)
How many years will it take an investment of $1000 to double itself when interest is... (answered by stanbon)
if $ 10,000 is invested in an account at 3% annual interest compounded quaterly, how much (answered by lwsshak3)
how long, to the nearest year, will it take an investment to triple if it is continuously (answered by nerdybill)
Write and solve an equation to determine the value of a $8000 investment if it is... (answered by nyc_function)
The monthly payment on a 2-year loan is $500. The interest rate is 6.65% compunded... (answered by Theo)
Ali deposites $1750.00 in a registered account on march 1st 1988 at 10% compounded... (answered by rfer)
The amount of A in an account after t years from an initial principle P invested at an... (answered by Nate)