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What is the total value of the 8 annuities of 22,500 DH each on 31/10/2004 given a quarterly interest rate of 4.5%?
What is the total value of the 8 annuities of 22,500 DH each on 31/10/2004 given a quarterly interest rate of 4.5%?
If the semestral rate t1 is known, how is the equivalent annual rate t calculated given that t1 - t2 = 0.06%?
If the semestral rate t1 is known, how is the equivalent annual rate t calculated given that t1 - t2 = 0.06%?
What is the formula for calculating the future value of annuities paid quarterly at an interest rate of 4.5%?
What is the formula for calculating the future value of annuities paid quarterly at an interest rate of 4.5%?
Which of the following statements correctly describes the relationship between t1 and t2?
Which of the following statements correctly describes the relationship between t1 and t2?
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If a quarterly interest rate is 4.5%, what is the equivalent annual nominal interest rate?
If a quarterly interest rate is 4.5%, what is the equivalent annual nominal interest rate?
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Study Notes
Exercise 3
- Calculate the value of an 8-year annuity with payments of 22,500 DH each, starting on 31/10/93.
- The interest rate is 4.5% per quarter.
- The calculation should be performed on 31/10/2004.
Exercise 4
- A certain interest rate (t) has semiannual interest rates (t1) and (t2) which are proportional and equivalent.
- The relationship between these rates is t1 - t2 = 0.06%.
- Calculate the annual interest rate (t).
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Description
This quiz covers calculations related to annuities and interest rates. You will perform numerical evaluations for a specific annuity and determine the annual interest rate based on given semiannual rates. Test your skills with real-life financial scenarios and mathematical applications.