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

Author Question: Which is most true of an annual rate of 4% compounded quarterly? (Read 17 times)

stananza

  • Full Member
  • ***
  • Posts: 162

Question 1

The maximum rate of return that can be earned for a given rate of interest occurs when interest is compounded
◦ annually.
◦ daily.
◦ monthly.
◦ continuously.

Question 2

Which is most true of an annual rate of 4% compounded quarterly?
◦ It is equivalent to 4.4% paid annually.
◦ It is equivalent to 16.99% paid annually.
◦ It is equivalent to 1% simple interest paid quarterly.
◦ It is equivalent to 4.06% paid annually.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stananza on Mar 29, 2022

dude123

  • Full Member
  • ***
  • Posts: 171
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




stananza

  • Member
  • Posts: 162
Reply 2 on: Mar 29, 2022
:D TYSM


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Excellent

 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library