Crowdly
Add to Chrome
DSC1630-25-S2
Looking for DSC1630-25-S2 test answers and solutions? Browse our comprehensive collection of verified answers for DSC1630-25-S2 at mymodules.dtls.unisa.ac.za.
Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!
A nominal interest rate of 19,40% per year, compounded monthly, is equivalent to a continuous compounding rate of
The continuous compounding rate is 13,974% per year. The equivalent nominal rate, compounded every three months, is
$(document).ready(function() {
$(".form-control.mb-1").attr('size', 50);
});
If a simple interest rate of 21% is equivalent to a discount rate of 19%, what is the length of time under consideration in years, accurate to three decimals?
[Answer format: d,ddd (d: digit)]
[Example of an answer in the correct format: 1,234]
If money is worth 12% per annum compounded monthly, how long will it take the principal P to become four times the original value?