2010年2月27日 · I need help with how to calculate nominal annual rate. 1) A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1000 in the account at the end of 10 years. What is the nominal annual rate? So to set this up is the equation: 1000 = 850(1+r/4)^(4*10) and we...

2010年6月30日 · Define: i (p) the nominal rate convertible pthly i the effective annual rate I assume that "interest at 5% compounded monthly" is american english for "a nominal interest rate of 5% convertible monthly" The key thing to remember when converting effective rates to nominal rates is: (1 + i (p) p) p = 1 + i or, equivalently i (p) p = ((1 + …

2012年11月22日 · Discount of 3% nominal payable quarterly means there's a discount rate of 0.75% every quarter. I know that to turn the discount into interest it's i=d/ (1+d). (monthly interest I found to be 0.002570705, quarterly interest 0.0077319588, and yearly interest 0.0312883867).

2013年2月10日 · Re: What branch of mathematics studies the types of numbers? (Cardinal, Ordinal, Nomi Cardinal numbers is referenced to cardinality, from what I remember. We talked about that kind of topics in discrete mathematics, so I would try there first. Either that or a number theory book. Ordinal numbers deal with sets if I remember correctly, so again try discrete or number theory. Nominal numbers to ...

2008年9月29日 · Find the accumulated value of 2480 at the end of twelve years, if the nominal interest rate was 2% convertible monthly for the first three years, the nominal rate of discount was 3% convertible semi-annually for the next two years, the nominal rate of interest was 4.2% convertible once every two...

2025年2月22日 · Hi everyone, I am a linguist student tasked to do some classification on text. So, please bear with me on this (Math is not my). I have a dataset that comprises of numeric and nominal/string attributes. A simple example of the dataset is as …

2009年9月1日 · Tawny makes a deposit into a bank account that credits interest at a nominal interest rate of 10% per year, compounded semiannually. At the same time, Fabio deposits 1000 into a different bank account, which is credited with simple interest. At the end of 5 years, the forces of interest on the...

2010年10月3日 · I have tried using the effective annual to nominal rate equation, equating the two and trying to solve for m but can not seem to get the answer. Can someone please help?

2008年3月23日 · Here's a question from an actuarial CAS Exam 2. Can someone show me how to do it. I know the answer is (A), but I'm not sure why. A 30-year bond has 10% annual coupons and a par value of 1000. Coupons can be reinvested at a nominal annual rate of 6% convertible semi-annually. X is the highest...

2010年2月17日 · In 1982 to 1984, the base period used for the consumer price index, the average earnings of construction workers were 442.74 per week. By 1989 the earnings of construction workers had reached $506.72 per week, but the consumer price index had risen to 124.0 What were construction workers real...