20 points
nora deposited money into her savings account that is compounded annually at an int...
Mathematics, 25.10.2019 08:43, jadepotts3965
20 points
nora deposited money into her savings account that is compounded annually at an interest rate of 4%. nora thought the equivalent quarterly interest rate would be 3.5%.
is nora correct? if she is, *explain* why.
if she is not correct, state what the equivalent quarterly interest rate is and show how you got your answer.
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