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Author Question: Andy invests his savings into an account that compounds interest quarterly. To find the number of ... (Read 60 times)

erika

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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


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Benayers

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Reply #1 on: Jun 24, 2018
Answer to Question 1

four

Answer to Question 2

proceeds


erika

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

vickybb89

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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