Mathematics, 11.02.2020 03:01 winterblanco
Gavin deposited money into his savings account that is compounded annually at an interest rate of 9%. Gavin thought the equivalent Quarterly interest rate would be at 2.25%. Is gavin correct if he is explain why if he is not correct state what the equivalent quarterly interests ray is and show how you got your answer
Answers: 3
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Gavin deposited money into his savings account that is compounded annually at an interest rate of 9%...
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