QUESTION 3 If you make quarterly deposits for 12 years (beginning one quarter from now) into an account that compounds i
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
QUESTION 3 If you make quarterly deposits for 12 years (beginning one quarter from now) into an account that compounds i
QUESTION 3 If you make quarterly deposits for 12 years (beginning one quarter from now) into an account that compounds interest at 1% per month, the value of n in the FIA factor (for determining Fat the end of the 12-year period), Is QUESTION 4 An Interest rate of 5% per quarter, compounded continuously, is closest to an effective seminnnual rate of