• 2021-04-14
    What is the annual percentage rate on a loan with a stated rate of 2.75 percent per quarter?
  • 11.00 percent

    内容

    • 0

      In which of the following situations would you prefer to be making a loan? A: The interest rate is 9 percent and the expected inflation rate is 7 percent. B: The interest rate is 4 percent and the expected inflation rate is 1 percent. C: The interest rate is 13 percent and the expected inflation rate is 15 percent. D: The interest rate is 25 percent and the expected inflation rate is 50 percent.

    • 1

      What is the real interest rate if the nominal interest rate is 9% per year and the rate of inflation is 6% per year?_________ 如果名义利率为每年9%,通货膨胀率为每年6%,实际利率是多少?_________ A: 1.5% B: 7.5% C: 2.75% D: 2.83%

    • 2

      A preferred stock pays an annual dividend of $3.20. What is one share of this stock worth today if the rate of return is 11.75 percent?

    • 3

      Western Bank offers you a $21,000, 9-year term loan at 8 percent annual interest. What is the amount of your annual loan payment?

    • 4

      Since the mid-1970s, the enrollment of overseas students has increased at an annual rate of 3.9 percent