gcinysirnziry
gcinysirnziry gcinysirnziry
  • 25-07-2021
  • Mathematics
contestada

calculate the effective yearly rate if an investment offers a nominal interest rate of 9.5% compounded quarterly​

Respuesta :

loconte loconte
  • 25-07-2021

Answer:

9.725%

Step-by-step explanation:

(1.0475)^2 =1.09725

one year 2 periods 4.75% per period

Answer Link

Otras preguntas

What is the compound of the way someone will do your hair
What is 3/4 of 16 pennies
Which statement is inconsistent with the concept of isotopes of the same element? a. Isotopes have the same number of protons b. Isotopes have the same atomic n
why are there different ways to display data ( 3 ways )
Why is technology a challenge to skills management ?How can businesses selling the same goods/services eliminate competition ?
What is the median for each set of numbers such as 75,79,81,82.
A number decreased by 4 is less than 14?
how does data help us make decisions?Ask your question here
How do you solve, 7/9+1/2-3/2+2/9 ?
why are there different ways to display data ( 3 ways )