This topic contains a solution. Click here to go to the answer

Author Question: Andy invests his savings into an account that compounds interest quarterly. To find the number of ... (Read 58 times)

erika

  • Hero Member
  • *****
  • Posts: 522
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
Answer to Question 1

four

Answer to Question 2

proceeds




erika

  • Member
  • Posts: 522
Reply 2 on: Jun 24, 2018
Excellent


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

For a complete list of videos, visit our video library