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Homework answers / question archive / What is the effective rate per semi-annual period, if the annual nominal interest rate is given as 14% per year, and interest is compounded n times a year? Select one: -63

What is the effective rate per semi-annual period, if the annual nominal interest rate is given as 14% per year, and interest is compounded n times a year? Select one: -63

Economics

What is the effective rate per semi-annual period, if the annual nominal interest rate is given as 14% per year, and interest is compounded n times a year? Select one: -63.02% -98.78% a. 63.02.1 (50.9 +70.50 50.n b. 98.78 50.7+70.50 50-n c 119.55 50n +70.50 50-n d. 100.00 50.1 +7 0.50 50-n - 119.55% - 100.00%

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