Posted by **Amy** on Wednesday, January 12, 2011 at 6:42pm.

Find the effective rate of interest for 5.25% compounded quarterly.

I don't know how to solve this.

Would I use this equation A=Pe^(rt)

But still I don't know because even if I put the given info into the equation I still need P and A

## Answer This Question

## Related Questions

- Calc - How much money will we have in 6 months if we invest $1000 into an ...
- calc - What rate of interest compounded quarterly will yield an effective ...
- math - Shannon invests $3,000, at 8% interest, compounded quarterly for one year...
- math - find the effectivee rate correspoding to 3% compounded quarterly The ...
- math - also, what formula would i have to use for this: Effective Rate An ...
- Math - Compound - If a bank offers interest at a nominal rate of 6%, how much ...
- Math - Mr. Nielson wants to borrow $1,000 for 2 years. He is given the choice of...
- pre calc - How long would it take from 3000 to get to 8000 at 8% interest at ...
- Finite Math - Find the effective rate of interest corresponding to a nominal ...
- math - Compute effective rate of interest where nominal rate is 8% compounded ...

More Related Questions