Check out some similar questions!
Compare effective interest rate to compound rate
[ 1 Answers ]
Compare effective interest rate to compound rate, with example of compound rate
Calculation of Effective Rate of Interest of Hire Purchase by Trial and Error Method
[ 1 Answers ]
I am a student of Distance Education MBA. I would like to know how to calculate Effective Rate of Interest of Hire Purchase by Trial and Error Method for my exam
Effective Interest Rate
[ 4 Answers ]
Investor pay $950 for a 5-yr, $1000 bond paying 9%. Is interest per year off 950 or 1000?:eek:
Effective interest rate
[ 1 Answers ]
Hello, I have a mortgage of $500,000 with a monthly payment of $2908.02 at interest rate of 5%, amortized over life of mortgage which is 25 years. The effective monthly rate is then 0.4124%. We also incur $50,000 in transaction costs that is paid as a lump sum when the mortgage originates. On... View more questions Search
Add your answer here.
|