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 fΓ³rmula del interΓ©s 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 45 degrees
+
Find the missing side length "a" of a right triangle with a hypotenuse of length 10 units and one leg measuring 6 units.
+
Math question: What is the value of log(base 3)27 multiplied by log(base 2)8, raised to the power of log(base 5)125?
+
New questions in Mathematics
Jose bought 3/4 of oil and his sister bought 6/8, which of the two bought more oil?
What is the amount of interest of 75,000 at 3.45% per year, at the end of 12 years and 6 months?
Suppose 56% of politicians are lawyers if a random sample of size 873 is selected, what is the probability that the proportion of politicians who are lawyers will be less than 55% round your answer to four decimal places
2x-4y=-6; -4y+4y=-8
A regional candy factory sells a guava roll at a price of $48, the monthly fixed costs amount to $125,000 and the variable cost for making a guava roll is $28. Determine: a) The equation of the total income from the production of guava rolls.
If f(x,y)=6xy^2+3y^3 find (∫3,-2) f(x,y)dx.
89, Γ· 10
3.24 Γ· 82
Use a pattern approach to explain why (-2)(-3)=6
Using the bank and exact method, calculate the interest on capital 10000 at 12% annual nominal interest rate for the period from 15.3. 2016 until 10/10/2016
Buffalo Company makes and sells shampoo. Each unit requires $1.40 labor costs, material costs per unit are $0.90 and other variable costs are $0.30. It sells shampoo for $4.45 to retailers. Fixed costs are $15,000. It sold 25,000 units in the current month. What is the Break-Even point in units? What is the Break-Even point in dollars? What is the contribution margin of Buffalo Company?
effectiveness of fiscal and monetary policy under closed and open economies
2x2
A diamond ring was reduced from $999.99 to $689.99. Find the percent reduction in the price. Round the answer to the nearest tenth of a percent, if necessary.
if y=1/w^2 yw=2-x; find dy/dx
a coffee shop has 9 types of creamer and 11 types of sweetener. In how any ways can a person make their coffee?
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.
question 1 Consider a sample space S, and two events A and B such that P(A ∩ B) = 0.2, P(A βˆͺ B) = 0.6, P(B βˆͺ Μ„A) = 0.8 (a) [0.5 points] Calculate P (A). (b) [0.5 points] Calculate P (B)
-1/3x+15=18
g(x)=3(x+8). What is the value of g(12)