# Solution: What is the corresponding effective rate of 18% compounded semi-quarterly?

(Last Updated On: December 8, 2017)

#### Problem Statement: ECE Board April 1999

What is the corresponding effective rate of 18% compounded semi-quarterly?

• A. 19.25%
• B. 19.48%
• C. 18.46%
• D. 18.95%

The corresponding effective rate of 18% compounded semi-quarterly is 19.48%.

Solution:

### Latest Problem Solving in Engineering Economics (Simple & Compound Interest)

div.feedburnerFeedBlock ul li {background: #E2F0FD;
list-style-type: none;
margin:0 0 5px 0px;
border: 1px solid #0080ff;

}

div.feedburnerFeedBlock ul li:hover {
background:#ffffff;
}

div.feedburnerFeedBlock ul li a{
color:#ffffff;
text-decoration:none;
}

div.feedburnerFeedBlock ul li a:hover {
text-decoration: underline;
color: #000000;
}
div #creditfooter{
display: none;
}

More Questions in: Engineering Economics (Simple & Compound Interest)

#### Online Questions and Answers in Engineering Economics (Simple & Compound Interest)

If you liked this, then please subscribe to our YouTube Channel for engineering video tutorials. You can also find us on Twitter and Facebook.