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July 22, 2014

July 22, 2014

Posted by **Matt** on Monday, February 18, 2013 at 4:58pm.

6.8% compounded semiannually or 6.6% compounded quarterly?

- Finite Math -
**JJ**, Monday, February 18, 2013 at 5:00pmAn easy way to do this is to choose a term of 1 year and $1 amount.

You can then use the formulas.

For the first one:

P(1+r/2)^2 let P = 1 and r = .068

Do you know how to set up the second one?

- Finite Math -
**Matt**, Monday, February 18, 2013 at 5:15pmyes thanks so much :D

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