Category: Economics problem

Solution: Find the value of y, (P/F,6%,y) if P/F compounded bi-monthly is equal to 0.787566

Solution: What is the effective rate if it is compounded quarterly?

Solution: What is the equivalent rate if it is compounded quarterly?

Solution: What is the nominal rate of interest?

Solution: Find the value of x, (F/P, x, 6) if F/P compounded quarterly is equal to 1.612226

Solution: Determine the simple interest rate and the corresponding discount rate

Solution: Determine the amount of money that he received from the bank

Solution: What will be the withdrawn amount at the end of the 16th year?

Solution: Compute the single payment amount factor for a period of 6 years

Solution: Compute the discount if P2000 is discounted for 6 months at 8% simple interest