1 if the nominal interest rate is 62 and the real rate of, Ask an Expert

Finance

1. If the Nominal interest rate is 6.2%, and the Real rate of inter est is 5.1%, what must the inflation rate be.

2. A bank offers an account that pays an APR of 4.3% with weekly compounding.

a) What is the effective annual rate of the account?

b) What would the effective annual rate of the account be if it paid continuous compounding?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92262128

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