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| rev | Admin | (Created page with "A bank lends 100,000 to Sam. The loan is repaid with level payments at the end of each year for 30 years based on an annual effective interest rate of 5%. The bank reinvests the loan payments at an annual effective interest rate of 4%. Calculate the bank’s annual effective yield rate over the 30-year period <ul class="mw-excansopts"><li>4.0%</li><li>4.1%</li><li>4.2%</li><li>4.4%</li><li>4.5%</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 12:19 | +435 |