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On a 5000 annuity compounded daily what would be the annual percentage rate?
Wiki User
∙ 13y ago
Depends on the daily percentage rate.
Wiki User
∙ 13y ago
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What is the effective annual rate for a credit card with a 9.9 percent annual percentage rate that is compounded daily?
The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.
If the daily interest rate is 3.50 percent what is the annual interest rate?
3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
What is 2000.00 for 4 years compounded daily at 2.25 percent apr?
APR stands for annual percentage rate. That being the case, it does not matter whether the interest is compounded every day or every millisecond. The effect, at the end of a year is interest equal to 2.25 percent. So, 2000 at 2.25 percent compounded, for 4 years = 2000*(1.0225)4 = 2000*1.093083 = 2186.17
What is the interest rate of 13.75 percent compounded monthly is equivalent to a daily compounded interest rate?
14.651
What is the effective annual rate for a credit card with a 9.9 percent annual percentage rate that is compounded daily?
The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.
If the daily interest rate is 3.50 percent what is the annual interest rate?
3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
What is the savings account offering which of these APRs and compounding periods offers the best ARY?
4.0730% compounded daily3.1172% compounded monthly2.0365% compounded daily
What is 2000.00 for 4 years compounded daily at 2.25 percent apr?
APR stands for annual percentage rate. That being the case, it does not matter whether the interest is compounded every day or every millisecond. The effect, at the end of a year is interest equal to 2.25 percent. So, 2000 at 2.25 percent compounded, for 4 years = 2000*(1.0225)4 = 2000*1.093083 = 2186.17
What will 10000 be worth in 30 years at 5 percent?
compounded annually--$43,219 compounded quarterly--$44,402 compounded monthly-- $44,677 compounded daily--$44,812
What is APR of 14.8 percent interest compounded daily?
14.8 percent, compounded daily, is approx 7.565 sextillion for a year (8.684 sextillion for a leap year).
What is the interest rate of 13.75 percent compounded monthly is equivalent to a daily compounded interest rate?
14.651
What is the future value of 100 after 5 years under 12 percent if compounded annually semiannually quarterly monthly daily?
Annual: 176.23 Semiannually : 179.08 Quarterly: 180.61 Monthly: 181.67 Daily: 182.19 (assuming 365.25 days per year, on average).
What is the formula for daily compounded interest in MS Excel?
what is the names of a prism
What is will 6000 for 6 years at 8½ percent compounded daily grow to?
If the annual equivalent rate of interest is 8.5 percent then it makes no difference how frequently it is compounded. The amount will grow to 9788.81 On the other hand 8.5 percent interest daily is equivalent to 8.7 trillion percent annually! If my calculation is correct, after 6 years the amount will have grown to 2.85*10198 (NB 10200 = googol squared).
Which one of the following discount frequencies will yield the largest present value give a stated future value and annual percentage rate.?
daily
