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electronia
29.07.2019 •
Business
"in quickbooks, which window is used to record a purchase on account? "
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Ответ:
Ответ:
Answer and Explanation:
The formula to calculate the effective annual rates under the following scenarios is as follows:
As we know that
Effective annual rate = (1 + Annual percentage rate ÷ compounding period)^compounding period - 1
1. For Quartely
EAR = (1 + 0.093 ÷ 4)^4 - 1
= 9.63%
2. For monthly
EAR = (1 + 0.183 ÷ 12)^12 - 1
= 19.92%
3. For daily
EAR = (1 + 0.143 ÷ 365)^365 - 1
= 15.37%
4. For daily
EAR = (e)^APR - 1
Here
e = 2.71828
EAR = (2.71828)^0.113 - 1
= 11.96%