subject
Mathematics, 26.01.2021 19:30 antojustice

You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded? 1.5% and 1 Time
1.5% and 16 times
6.7% and 16 times
6.7% and 4 times
Please help

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:10
Which of these sequences is a geometric sequence a 1,2,4, 7, 11, 16, 22. b. 2.4.8.14.22.38 c.3.6.9. 15.18,21 d. 3,9,27,81,243,729,
Answers: 1
question
Mathematics, 21.06.2019 21:50
Desmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2xdesmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2x
Answers: 1
question
Mathematics, 22.06.2019 00:00
Asequence has a common ratio of and f(5) = 81. which explicit formula represents the sequence? f(x) = 24 f(x) = 16 f(x) = 24 f(x) = 16
Answers: 1
question
Mathematics, 22.06.2019 01:00
The equation line of cd is y=-2x-2. write an equation of a line parallels to line cd in slope-intercept form that contains point (4,5)
Answers: 1
You know the right answer?
You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four y...
Questions
question
Mathematics, 04.02.2021 23:20
question
Physics, 04.02.2021 23:20
question
Mathematics, 04.02.2021 23:20
question
English, 04.02.2021 23:20