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 25 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
Gracias!

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Chromosome number is halved Chromosome number is halved
A whistle stop used to find top dead center. Remove the spark plug and install the whistle stop, ... A whistle stop used to find top dead center. Remove the spark plug and install the whistle stop, ...
How to calculate credit card interest when the interest is compounded How to calculate credit card interest when the interest is compounded
How to find the unknown angle of a triangle using the sine law (Part 2) How to find the unknown angle of a triangle using the sine law (Part 2)
Find Your Blind Spot Find Your Blind Spot
How to find the phase shift from a graph? How to find the phase shift from a graph?
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library