Mathematics, 11.02.2021 19:00, lakhanir2013
Plz help!
You invest $500 in an account that has a annual interest rate of 5%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded?
1.25% and 16 times
8% and 4 times
1.25% and 1 time
8% and 16 times
Answers: 3
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X/y + 4y/x divided by x/y - 2y/x explain as in depth as you can how you simplfied the fractions. i don't know where to start on this : /
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Plz help!
You invest $500 in an account that has a annual interest rate of 5%, compounded quarterly...
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