Mathematics, 26.01.2021 19:30 antojustice
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?
1.5% and 1 Time
1.5% and 16 times
6.7% and 16 times
6.7% and 4 times
Please help
Answers: 2
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You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four y...
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