Register
What is the effective annual rate of 8.5 percent compounded quarterly?
128k views
4 votes
What is the effective annual rate of 8.5 percent compounded quarterly?

User Kedar Tiwaskar
by
7.7k points

1 Answer

2 votes

Given:

Rate = 8.5 percent

Compounded quarterly

To determine the effective a

User Joe Wilson
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.2m questions

11.8m answers

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
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!