Tuesday
July 22, 2014

Homework Help: personal finance

Posted by cory on Saturday, March 31, 2012 at 6:39pm.

explain why a savings and loan association that pays a nominal rate of 4.5% interest, compounded daily, actually pays an effective rate of 4.6%.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - Explain why a savings and loan association that pays a nominal rate of...
Seneca - Henrietta went to a bank and obtained a personal loan with an interest ...
Business finance - In a discount interest loan, you pay the interest payment up...
AP Macroeconomics - 3. You buy a certificate of deposit (CD) that pays a nominal...
Finance - An investment pays 9 percent interest compounded semi-annually. What ...
introduction to finance-16 - if you put $4000 in savings account that pays ...
math help plz! - DigiCom wants to drop the effective rate of interest on its ...
Math - Envision that you have served as business manager of Media World for ...
Math - Mr. Nielson wants to borrow $1,000 for 2 years. He is given the choice of...
Math - I really need some help with this one. Envision that you have served as ...

Search
Members