Help with finance homework
Help with finance homework
If the EAR IS 12% and compounding is semi-annual, what is the APR?
You are going to receive 1000 in two years. You estimate that the interest rate will be 5% for the first year and 7% for the second year. What is the present value?
Have been stuck on these problems for a while and cant find them in my notes. Please help.
Thank you
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