Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Interest rate = 3%

Step-by-step solution:

The formula to find the amount for the principal P, after n years with annual rate of interest r% compounded quarterly is:

Here, P = 4000, A = 5234.58 and n = 9

Therefore,

= 0.0075

r = 0.0075 × 4 = 0.03

= 3%

answer; because many corporate watch groups will discover and publicize unethical behavior by suppliers, link it to the american company, and harm its reputation;

answer/// there is an inverse relationship between price and quantity demanded;