Bank PO Questions

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is 4.2

Calculate the periodic interest rate corresponding to 9.5% compounded monthly

Calculate the periodic interest rate corresponding to:9.0% compounded quarterly

The periodic interest rate corresponding to: 9.75% compounded semiannually

A loan is made for $4800 with an APR of 12% and payments made monthly for 24 months. What is the payment amount? What is the finance charge?

A loan is made for $3500 with an interest rate of 9% and payments made annually for 4 years. What is the payment amount?

Find the finance charge for an average daily balance of $8431.10 with monthly interest rate of 1.4%

A retirement benefit of $12,000 is to be paid every 6 months for 25 years at interest rate of 7% compounded semi-annually. Find

(a) the present value to fund the end-of-period retirement benefit.

(b) the end-of-period semi-annual payment needed to accumulate  the value in part (a) assuming regular investments for 30 years in an account yielding 8% compounded semi-annually