please show your works & what formulas you used 30. You have a bond...
90.2K
Verified Solution
Link Copied!
Question
Finance
please show your works & what formulas you used
30. You have a bond with a 6% interest rate while the rate of inflation is 3%. What is the real interest rate on this bond? (2 pts.) 31. You put $2,500 into an account earning interest at a rate of 8% per year. How much money will you have after 8 years, assuming simple interest and assuming no withdrawals? How much money will you have assuming compound interest and no withdrawals? (4 pts. 32. Suppose you have an investment that pays 8% per year, compounded quarterly. What interest rate are you actually getting per year? (2 pts.) 33. What is the present value of $2,500 received in 7 years with monthly compounding at a 6% annual percentage rate (APR)? (2 pts.)
Answer & Explanation
Solved by verified expert
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!
