What is the nominal and effective interest rate

Assignment Help Econometrics
Reference no: EM13233020

A thousand dollars is invested for 7 months at an interest rate of 1% per month. What is the nominal interest rate? What is the effective interest rate?

Reference no: EM13233020

Questions Cloud

What is the profit maximizing price for seasonal passes : The local economists estimate that Y is equal to $12,000 and Monopoly has set Pc at $10. If Monopoly's MC of serving another customer is equal to $1, what is the profit maximizing price for seasonal passes
Define carbohydrate catabolism and fermentation : WHAT IS THE PURPOSE OF DOING A STRUCTURAL STAINS ONENDOSPORE, CAPSULE, ADN FLAGELLA, THE PURPOSE OF CARBOHYDRATE CATABOLISM, THE PURPOSE OF FERMENTATION
Write a fragment of code that assigns the smallest of x y z : Given the integer variables x , y , and z , write a fragment of code that assigns the smallest of x , y , and z to another integer variable min . Assume that all the variables have already been declared and that x , y , and z have been assigned va..
Identify organizations that may be susceptible : Acts considered cyberterrorism and / or information warfare can be divided into four separate categories; infrastructure attacks, information attacks, technological facilitation, and promotion.
What is the nominal and effective interest rate : A thousand dollars is invested for 7 months at an interest rate of 1% per month. What is the nominal interest rate What is the effective interest rate
Develop bargaining situation from market-related information : Bargaining outcomes in a market-related situation are in general indeterminate and not obvious to the parties in the negotiation. Develop a bargaining situation from which you would conclude that access to market-related information
Explain the bacterium staphylococcus epidermidis : Discuss the significance of these bacterium Staphylococcus epidermidis, and Enterobacter aerogenes Do they have medical or health importance
Evaluate the ph at the equivalence point in titrating : Calculate the pH at the equivalence point in titrating 0.100M solutions of each of the following with 8.0×10-2 M NaOH.
Explain what concentration of sodium propanoate : Propanoic acid has Ka of 1.4x10^-5. If we make a solution 0.100M propanoic acid, what concentration of sodium propanoate should be added to give a buffer with a pH of 5.0?

Reviews

Write a Review

Econometrics Questions & Answers

  Why the customer spends the proceeds of the loan

Suppose that the reserve requirement is 3 percent on the first $30 million of checkable deposits and 10 percent on checkable deposits in excess of $30 million. (Amounts on the balance sheet are in millions of dollars.) Assets Reserves $15.90 Loans..

  Multiplicative decomposition method

Multiplicative decomposition method

  What is the marginal cost per bushel of apples

how many bushels of apples should the farmer produce? If the government imposes a tax on the sellers which results in the sellers receiving $1 less per bushel sold, what amount of apples should the farmer choose to produce?

  Estimate for the true daily weight gain

Agri-Beef Inc. operates cattle feed lots in several midwestern states. The company wishes to estimate the average daily weight gain of cattle on their lots. To do this a simple random sample of cattle is taken and the daily weight gain is recorde..

  Calculate consumer surplus and lwes profit

If the regulators of LWE want to make sure that there is no deadweight loss in this market, what price will they force LWE to charge? What will output be in that case. Calculate consumer surplus and LWE's profit with that price.

  What rate of return did mrs whitney receive on investment

In 1990 Mrs. John Hay Whitney sold her painting for $71 million. The buyer also had to pay the auction house commission of 10%, or a total of $78.1 million. The Whitney family had purchased the painting in 1929 for $165,000.

  Find the cost of 100 compressors of 200 hp rating

One hundred compressors of 200 H.P. rating are being considered for purchase by the state highway department. The compressor index was 400 five years ago and is 520 today. The cost of 150 H.P. compressors bought five years ago is as follows.

  What will be the new cs-ps and tax revenues

a. Draw the demand and supply curves, before and after the tax. b. What will be the CS, PS, tax revenues and deadweight loss c. Suppose the government increases the tax to $4 per unit. What will be the new CS, PS, tax revenues and deadweight loss.

  Itemize the adjustments and the corresponding value.

The Columbia Company manufactures a battery-powered saw. Due to increased demand during the past few years, Columbia has increased plant capacity for the saw to 300,000 units. The firm's expected output and sales for the next year in their normal..

  Determine equations to find pw of each machine

Determine the proper equations to find PW of each machine. The cost of money is 10% per year. Machine X         Machine Y Initial cost, $   -55,000  -46,000 Annual cost, $/year   -10,000 -15,000

  Calculate expected return from each technique for the farmer

Suppose a farmer has some money of his own to invest in a better way to cultivate his land. Cultivation can be done using two techniques, both of which require an initial start-up capital of $200. The first technique is risk free and generates a..

  How many units of two types of lawn mowers to produce a day

Billy Penny is trying to determine how many units of two types of lawn mowers to produce each day. One of these is the Standard model, while the other is the Deluxe model. The profit per unit on the Standard model is $60, while the profit per unit..

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!

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