Answer to Question #271981 in Financial Math for DORA

Question #271981

j2= 12% calculate to j4

Expert's answer

Given;

j2="12\\%"

j2="i_{2}\\times2=12\\%"

"i_{2}=\\frac{12\\%}{2}=6\\%"

"j4=i_{2}\\times4"

"=6\\%\\times4"

"=24\\%"

Learn more about our help with Assignments: Math

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Refer to this information. Calculate the future value of a 4 year investment of R13270 at an interes
2. If a deposit of R1098.5 must accumulate to 1793.9 at the end of 7.91 years in a simple interest bear
3. The Employee's Union charges 10% interest for short-term loans. If I borrow P20,000 and
4. 𝒀 = 𝑪 + 𝑰𝟎 + 𝑮𝟎𝑪 = 𝑪𝟎 + 𝒃𝒀𝒅𝑻 = 𝑻𝟎 + 𝒕𝒀Determine a
5. Jenny is planning to deposit 17,000.00 pesos Quezon Metropolitan Bank is offering 7.5% compounded se
6. 1. Marinel received 1,450,500.00 pesos as her inheritance from her parents. She deposited the said a
7. Financial goals should be one of your top priority when you graduate from senior highschool. How