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Author Question: Which is most true of an annual rate of 4% compounded quarterly? (Read 59 times)

stananza

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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.


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Marked as best answer by stananza on Mar 29, 2022

dude123

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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.
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stananza

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Reply 2 on: Mar 29, 2022
Thanks for the timely response, appreciate it


Chelseyj.hasty

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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