For investments that pay interest more than once a year you should make sure that [...] correspond to the [...]
Answer
periodic interest rates
number of compounding periods in the year.
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#reading-6-tvm
Question
For investments that pay interest more than once a year you should make sure that [...] correspond to the [...]
Answer
?
Tags
#reading-6-tvm
Question
For investments that pay interest more than once a year you should make sure that [...] correspond to the [...]
Answer
periodic interest rates
number of compounding periods in the year.
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subject 3. The Future Value and Present Value of a Single Cash Flow ulator keys to press are:
If you are given the FV and need to solve for PV, the calculator keys to press are:
When compounding periods are not annual
<span>Some investments pay interest more than once a year. When you calculate these amounts, make sure that periodic interest rates correspond to the number of compounding periods in the year. For example, if time periods are quoted in quarters, quarterly interest rates should be used.
When compounding periods are other than annual

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