1 would you rather receive 625 compounded annually or 611, Ask an Expert

Finance

1. Would you rather receive 6.25% compounded annually or 6.11% compounded semiannually?

2. The firm had Sales of $50,000 last year and $80,000 this year. Accounts Receivables were $2,500 last year and are $4,500 this year. What can you tell me about the firm?

3. What is the effective annual rate of a savings account that pays an APR of 4% and compounds quarterly?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92663578

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