Wednesday
April 16, 2014

Homework Help: calc

Posted by Anonymous on Monday, February 4, 2013 at 6:42am.

What rate of interest compounded quarterly will yield an effective interest rate of 8%?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - Compute the compound quarterly amount after 1 year for $100 invested at ...
math - An amount of $3000 was deposited in a bank at a rate of 2% annual ...
Math - Compound - If a bank offers interest at a nominal rate of 6%, how much ...
Math - you deposit $1000 at 3% per year.what is the balance at the end of one ...
Math - you deposit $1000 at 3% per year.what is the balance at the end of one ...
Math - Mr. Nielson wants to borrow $1,000 for 2 years. He is given the choice of...
math help plz! - Calculate teh future value of quarterly payments of $1200 for 5...
College Algebra - bank a is lending money at 5.7% interest compounded annually. ...
algebra - Find the accumulated value of an investment of $10,000 for 3 years at ...
math - Find the present value of $31,000 due in 4 yr at the given rate of ...

Search
Members