What is the effective monthly return

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You are looking at an investment that has an effective annual rate of 12.8 percent.

What is the effective semiannual return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Effective semiannual return %

What is the effective quarterly return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Effective quarterly return %

What is the effective monthly return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Effective monthly return %

Reference no: EM131971943

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