User Account

All Pages

Compute the nominal rate of interest

Assignment Help Business Economics
Reference no: EM133081810

Provide manual solution, please.

A businessman wishes to have an amount of P2769.84 after 5 years. He deposited P500 each year into a savings bank that pays a nominal interest per annum compounded continuously.

1. Compute the nominal rate of interest.

2. Compute the effective rate of interest.

3. Compute the sinking fund factor for this equal payment.

Reference no: EM133081810

Questions Cloud

How the concepts are connected based on put-call parity : What do the terms "arbitrage" and "the law of a prize" mean? Discuss and explain how the concepts are connected based on Put-Call Parity.
Handle aggregate economic activity : Classical economics has been criticized for being overly micro-focused and failing to effectively handle aggregate economic activity. How would you respond to t
Describe the political power cost of large capital flows : Describe the political power cost of large capital flows into low-income countries.
Benefits of immigration to a nation : What are the benefits of immigration to a nation? What are the costs of immigration to a nation? Why is it that economists are generally so positive about immi
Compute the nominal rate of interest : A businessman wishes to have an amount of P2769.84 after 5 years. He deposited P500 each year into a savings bank that pays a nominal interest per annum compoun
Why did stephen king asked us why do we crave horror movies : Why did stephen king asked us why do we crave horror movies?
Song brings back memories of the good times : Gladys cries each time she hears a song on the radio that she and her ex-boyfriend used to enjoy. Hearing the song brings back memories of the good times they h
Describe the alternative paths a firm : (a) Describe the alternative paths a firm may take in its effort to globalize the cost and availability of capital.
Find the profit of individual firm : For a perfectly competitive firm , suppose that all fixed cost is sunk and total fixed cost is 200 and average variable cost is 4 + 0.02q.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd