Mathematics, 24.07.2019 16:40, bryson3307
Alexander deposited money into his retirement account that is compounded annually at an interest rate of 7%. alexander thought the equivalent quarterly interest rate would be 2%. is alexander correct? if he is, explain why. if he is not correct, state what the equivalent quarterly interest rate is and show how you got your answer. i need to show my work and everything
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Alexander deposited money into his retirement account that is compounded annually at an interest rat...
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