Wyznaczyć stopę efektywną równoważną stopie i_4=1,1%.

Find the effective rate equivalent to i_4=1.1%.

 

i_4==1.1% - I assume that 1.1% is compounded quarterly.

 

1.1% means: 1.1 / 100 ==0.011

 

[1 + 0.011]^4 ==1.044731338641 - 1 x 100 ==4.4731338641% - effective annual rate.