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 15 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
YES! Correct, THANKS for helping me on my review


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

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

For a complete list of videos, visit our video library