Mathematics, 16.02.2020 09:03 imran2k13

You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded?

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More questions: Mathematics Another questions

You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded? Please Help.

Answers

Another question on Mathematics

You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded?

Please Help.