Mathematics, 12.11.2020 09:20, wedderman8292

For example, if the interest rate is 3% compounded semiannually, this is represented in the compound interest formula as .03/2. If the interest rate is 7% , how would that percent be represented in the compound interest formula if it was compounded

quarterly?

monthly?

annually?

Write answer as a fraction as above.

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 20.06.2019 18:04, heyyy6096

Kevin has just finished paying off his loan. he was assessed a service charge of $422. he paid off the principal and the interest by making weekly payments of $36.13 for four years. if the principal was $7,150, how much did kevin pay in finance charges, to the nearest dollar? a. $498 b. $365 c. $422 d. $787

Answers: 3

continue

Mathematics, 21.06.2019 14:00, indexes06

Bob’s bank charges him a $3.15 service fee every time he uses an out-of-network atm. if bob uses an out-of-network atm an average of three times every two weeks, how much will he pay in service fees over the course of a year? a. $327.60 b. $109.20 c. $491.40 d. $245.70 select the best answer from the choices provided a b c d

Answers: 1

continue

Mathematics, 21.06.2019 17:00, afletcher2000

Jasmine wants to eat at 8: 00pm her meal takes 65mins to cook what time does she need to put the meal in the oven

Answers: 2

continue

Mathematics, 21.06.2019 19:00, cassie2021

What are the solutions of the equation? 5z^2 + 9z - 2 = 0 a. 1, -2 b. 1, 2 c. 1/5, -2 d. 1/5, 2

Answers: 2

continue

Do you know the correct answer?

For example, if the interest rate is 3% compounded semiannually, this is represented in the compound...