MathMaster logo

MathMaster

  1. Home
  2. general
  3. what is more convenient for the purposes of a banking institution to lend its money with interest of the 12 48 nominal wee
Question

What is more convenient for the purposes of a banking institution: to lend its money with interest of the 12.48% nominal weekly or lend it with 12.85 nominal capitalizable semiannually?

221

likes
1104 views

Answer to a math question What is more convenient for the purposes of a banking institution: to lend its money with interest of the 12.48% nominal weekly or lend it with 12.85 nominal capitalizable semiannually?

Expert avatar
Fred
4.4
111 Answers
i_{\text{efectiva\_anual\_semanal}}=(1+\frac{0.1248}{52})^{52}-1\approx0.13275

i_{\text{efectiva\_anual\_semestral}}=(1+\frac{0.1285}{2})^2-1\approx0.13263

La tasa efectiva anual para la opción semanal es aproximadamente 13.275%, mientras que para la opción semestral es aproximadamente 13.263%. Por lo tanto, prestar con intereses del 12.48% nominal semanal es más conveniente para la institución bancaria.

Frequently asked questions (FAQs)
Question: Convert 3.5 kilograms to pounds.
+
Math question: Simplify the fraction 7/15 to its simplest form.
+
What is the limit of (3x^2 + 2x - 5)/(2x^2 + x + 3) as x approaches 4?
+
New questions in Mathematics
Find 2 numbers that the sum of 1/3 of the first plus 1/5 of the second will be equal to 13 and that if you multiply the first by 5 and the second by 7 you get 247 as the sum of the two products with replacement solution
If we have the sequence: 3, 6, 12, 24 Please determine the 14th term.
the value of sin 178°58'
What payment 7 months from now would be equivalent in value to a $3,300 payment due 23 months from now? The value of money is 2.7% simple interest. Round your answer to 2 decimal places. Show all work and how you arrive at the answer..
B - (-4)=10
Analyze the following situation Juan is starting a new business, he indicates that the price of his product corresponds to p=6000−4x , where x represent the number of tons produced and sold and p It is given in dollars. According to the previous information, what is the maximum income that Juan can obtain with his new product?
Convert 78 percent to a decimal
prove that if n odd integer then n^2+5 is even
Let r: x - y 5 = 0. Determine a general equation of the line s parallel to the line r, which forms an isosceles triangle with area 8 with the line x = 5 and the Ox axis.
The average number of babies born at a hospital is 6 per hour. What is the probability that three babies are born during a particular 1 hour period?
Solve : 15/16 divide 12/8 =x/y
show step by step simplification: (¬𝑑∨((¬b∧c)∨(b∧¬c)))∧((𝑎 ∧ 𝑏) ∨ (¬𝑎 ∧ ¬𝑏))∧(¬𝑐∨((¬𝑑∧𝑎)∨(𝑑∧¬𝑎)))
The two sides of the triangle are 12 cm and 5 cm, and the angle between the sides is 60°. Cover the area of ​​the triangle!
Your grandfather has run a small high street pharmacy for 40 years. After much persuasion, he has agreed to open a digital store online. List 5 potential ways to improve sales and/or margins by having a digital pharmacy through the utilisation of historic or new sales data.
36 cars of the same model that were sold in a dealership, and the number of days that each one remained in the dealership yard before being sold is determined. The sample average is 9.75 days, with a sample standard deviation of 2, 39 days. Construct a 95% confidence interval for the population mean number of days that a car remains on the dealership's forecourt
Total Users with an active Wise account = Total Active Users + Total Users who haven’t transacted Total Active Users = Total MCA Users + Total Send Users = Total New Users + Retained Users Total New Users = New Send Users + New MCA Users Total MCA Users = New MCA Users + Retained Users who transacted this month via MCA Total Send Users = New Send Users + Retained Users who transacted this month via Send Send CR = Total Send Users / Total Users with an active Wise account MCA CR = Total MCA Users / Total Users with an active Wise account New Send CR = New Send Users / New Profiles Created in Month New MCA CR = New MCA Users / New Profiles Created in Month We have recently witnessed a drop in MCA conversion, but send user conversion is stable, can you help explain why?
What is the total amount due and the amount of interest on a 3-year loan of $1,000 at a simple interest rate of 12% per year?
Consider the function f(x)=1/2(x+1)^2-3. Use the preceding/following interval method to estimate the instantaneous rate of change at 𝑥 = 1.
if y=1/w^2 yw=2-x; find dy/dx
97,210 ➗ 82 division

You might be interested in