Question

What would be the equivalent annual percentage return on an investment that generated a return of 2% per month for one year?

240

likes
1199 views

Answer to a math question What would be the equivalent annual percentage return on an investment that generated a return of 2% per month for one year?

Expert avatar
Tiffany
4.5
103 Answers
Paso 1: Definir el rendimiento mensual.
\text{Rendimiento mensual} = 2\% = 0.02

Paso 2: Aplicar la fรณrmula del interรฉs compuesto para encontrar el rendimiento anual.
\text{Rendimiento anual = } (1 + \text{Rendimiento mensual})^{12} - 1

Paso 3: Sustituir los valores.
\text{Rendimiento anual} = (1 + 0.02)^{12} - 1

Paso 4: Calcular el rendimiento anual.
\text{Rendimiento anual} = 1.26824 - 1

Paso 5: Convertir el resultado a porcentaje.
\text{Rendimiento anual} \approx 0.26824

\text{Rendimiento anual} \approx 26.82\%

El rendimiento porcentual anual equivalente es aproximadamente
26.82\%

Frequently asked questions (FAQs)
What is the median of a set of 10 numbers if the 4th and 5th numbers are both 7?
+
Question: What is the formula for the volume of a cube, given its side length, represented by "s"?
+
What is the condition of equality for two triangles with corresponding side lengths and corresponding angles?
+
New questions in Mathematics
Using a remarkable product you must factor the expression: f(x) =36x^2-324 and you are entitled to 5 steps
431414-1*(11111-1)-4*(5*3)
the value of sin 178ยฐ58'
Karina has a plot of 5000 square meters in which she has decided that 60% of it will be used to plant vegetables. Of this part, 12% will be dedicated to planting lettuce. How much surface area of the plot will be used to grow lettuce?
A hotel in the Algarve had to offer 1 week of vacation to one of its employees as an Easter gift in a random choice. It is known that 80 people work in this hotel unit, 41 of whom are Portuguese and 39 are foreign nationals. There are 14 Portuguese men and 23 foreign women. Using what you know about conditional probability, check the probability that the gift was offered to a Portuguese citizen, knowing that it was a woman.
A hotel in the Algarve had to offer 1 week of vacation to one of its employees as an Easter gift in a random choice. It is known that 80 people work in this hotel, 41 of whom are Portuguese and 39 are foreign nationals. There are 14 Portuguese men and 23 foreign women. Using what you know about conditional probability, check the probability that the gift was offered to a Portuguese citizen, knowing that it was a woman.
2x-y=5 x-y=4
Lim x โ†’ 0 (2x ^ 3 - 10x ^ 7) / 5 * x ^ 3 - 4x )=2
7. Find the equation of the line passing through the points (โˆ’4,โˆ’2) ๐‘Ž๐‘›๐‘‘ (3,6), give the equation in the form ๐‘Ž๐‘ฅ+๐‘๐‘ฆ+๐‘=0, where ๐‘Ž,๐‘,๐‘ are whole numbers and ๐‘Ž>0.
If A and B are any events, the property that is not always true is: a) 0 โ‰ค ๐‘ƒ(๐ด โˆฉ ๐ต) โ‰ค 1 b) ๐‘ƒ(ฮฉ) = 1 c) ๐‘ƒ(๐ต) = 1 โˆ’ ๐‘ƒ(๐ต๐‘) d) ๐‘ƒ(โˆ…) = 0 e) ๐‘ƒ(๐ด โˆช ๐ต) = ๐‘ƒ(๐ด) + ๐‘ƒ(๐ต)
P(Z<z)=0.1003
Find each coefficient described. Coefficient of u^2 in expansion of (u - 3)^3
392929-9
On+January+10+2023+the+CONSTRUCTORA+DEL+ORIENTE+SAC+company+acquires+land+to+develop+a+real estate+project%2C+which+prev%C3% A9+enable+50+lots+for+commercial+use+valued+in+S%2F+50%2C000.00+each+one%2C+the+company+has+as+a+business+model+generate+ cash+flow+through%C3%A9s+of+the+rental%2C+so+47%2C+of+the+50+enabled+lots+are+planned to lease+47%2C+and+ the+rest+will be%C3%A1n+used+by+the+company+for+management%C3%B3n+and+land+control
We have received our p&l statement back from accounts. The board has asked for an innovation hub. What items should we prioritise reviewing to decide if we can afford an innovation hub?
To get to a hotel on the hill you have to travel 6 km of uphill road and every kilometer there are 6 sharp curves. Each of the sharp curves is marked by three traffic signs. How many traffic signs are there on the stretch of road that leads to the arbergi?
2x-5-x+2=5x-11
Select a variable and collect at least 50 data values. For example, you may ask the students in the college how many hours they study per week or how old they are, etc. a. Explain what your target population was. b. State how the sample was selected. c. Summarise the data by using a frequency table. d. Calculate all the descriptive measures for the data and describe the data set using the measures. e. Present the data in an appropriate way. f. Write a paragraph summarizing the data.
A candy manufacturer must monitor deviations in the amount of sugar in their products They want their products to meet standards. They selected a random sample of 20 candies and found that the sandard deviation of that sample is 1.7. What is the probabilty of finding a sample variance as high or higher if the population variance is actually 3277 Assume the population distribution is normal.
In an experiment to assess the effect of listening to audiobooks while driving, participants were asked to drive down a straight road in a driving simulator. The accompanying data on time (in milliseconds) to react when a pedestrian walked into the street for 10 drivers listening to an audiobook are consistent with summary statistics and graphs that appeared in the paper "Good Distractions: Testing the Effect of Listening to an Audiobook on Driving Performance in Simple and Complex Road Environments."โ€  (Round your answers to four decimal places.) 1,018 1,007 1,054 988 937 1,030 1,065 1,011 860 1,106 A button hyperlink to the SALT program that reads: Use SALT. Calculate the variance for this data set. 7437.7333 Incorrect: Your answer is incorrect. Calculate the standard deviation for this data set. 86.2022 Incorrect: Your answer is incorrect.