Nominal rate compounded semi-annually

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For each interest rate below, match it with an equivalent interest rate from the following list. If they don't match exactly, choose the best match for each.

1. i(2) = 10.00% (nominal rate compounded semi-annually)

2. i = 6.09% effective annual rate

3. i = 0.75% effective monthly rate

4. i(4) = 4.00% (nominal rate, compounded quarterly)

5. Doesn't match any of the others.

i(2) = 6% (nominal rate, compounded semi-annually)

i = 4.06% effective annual rate

i(12) = 9.00% (nominal rate compounded monthly)

i = 2.47% effective quarterly rate

i(4) = 10% (nominal rate compounded quarterly

Reference no: EM132538430

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