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please answer all questions, i'll give an upvote III. Nominal Rate - Effective...

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Finance

please answer all questions, i'll give an upvote

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III. Nominal Rate - Effective Rate 1 j = m (1+um-1 x 100 1. Find the effective rate equivalent to 23.55% compounded semi-annually. 2. What rate compounded monthly will yield the effective rate 19.75%? 3. What rate compounded quarterly is equivalent to 19.35% (m = 12)? 4. Which is the better investment decision: to place money in time deposit earning 5% compounded quarterly or in stock market options that earns 5.5% effective

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