Register

A savings account that pays interest every three months is said to have a______ interest rate?

A savings account that pays interest every three months is said to have a______ interest rate?
208k views
5 votes
A savings account that pays interest every three months is said to have a______ interest rate?

User Xhallix
by
7.7k points

2 Answers

2 votes
It would be a quarterly interest rate. Because of it's interest only 1/4 of the year.

User Technopeasant
by
7.6k points
6 votes
Quarterly (three months = 1/4 year)
User Alimbada
by
8.0k points
← Prev Question Next Question →

Related questions

User Twedl
asked Sep 24, 2024 233k views
Fill in the blank: Given the inequality y ≥ 2x - 1, your graph would be a______ line, shaded_____ the line.
Twedl asked Sep 24, 2024
by Twedl
8.6k points
2 answers
4 votes
233k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!