Your investments are earning 4.20% per annum compounded annually. You would like to compare this...
80.2K
Verified Solution
Question
Accounting
Your investments are earning per annum compounded annually. You would like to compare this to the yield on bonds which are quoted on a compounded semiannual basis. What is the equivalent return that you are earning per annum on a compounded semiannual basis? Do not round intermediate calculations. Report your result as a percentage. Round the final answers to decimal places. Omit the sign in your response. For example, if your answer is just enter Numeric Response
Your investments are earning per annum compounded annually. You would like to compare this to the yield on bonds which are quoted
on a compounded semiannual basis. What is the equivalent return that you are earning per annum on a compounded semiannual basis?
Do not round intermediate calculations. Report your result as a percentage. Round the final answers to decimal places. Omit the sign in
your response. For example, if your answer is just enter
Numeric Response
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.