This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Andy invests his savings into an account that compounds interest quarterly. To find the number of ... (Read 61 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 24, 2018
Andy invests his savings into an account that compounds interest quarterly. To find the number of compounding periods, multiply the number of years of the investment times _______.
 Fill in the blank(s) with correct word

Question 2

The _________ of a loan is the amount the borrower receives, which is the maturity value less the bank discount.
 Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Benayers

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 24, 2018
Answer to Question 1

four

Answer to Question 2

proceeds


erika

  • Member
  • Posts: 522
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

When the number of miles traveled is considered, drivers under 25 years of age and those over 70 are ... When the number of miles traveled is considered, drivers under 25 years of age and those over 70 are ...
How to find the distance of any line segment How to find the distance of any line segment
The Location and Number of Food- and Beverage-Processing Facilities The Location and Number of Food- and Beverage-Processing Facilities
How to find the possible equations of a graph? How to find the possible equations of a graph?
Find the derivative of y = 2t^4 - 10t^2 + 13t Find the derivative of y = 2t^4 - 10t^2 + 13t
A variety of organic compounds from food can enter the reactions of aerobic respiration. A variety of organic compounds from food can enter the reactions of aerobic respiration.
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library