Sunday
July 5, 2015

Homework Help: Math

Posted by George on Wednesday, November 2, 2011 at 10:15pm.

The annual interest rate on an investment is 8%. What is the quarterly rate?
(a) 1% (b)12% (c) 16% (d)2% (e)3%

Can someone help me figure out the formula for finding out the quarterly rate?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Members