Mathematics
Mathematics, 01.08.2019 06:40, gianni0

3. 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.

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Answers: 1

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3. alexander deposited money into his retirement account that is compounded annually at an interest...

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