Question

how to calculate compound interest quarterly​

Answer 1

Ello user !!!!!!!!!!!

Here is your answer,

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If interest is compounded yearly, then n = 1; if semi-annually, then n = 2; quarterly, then n = 4; monthly, then n = 12; weekly, then n = 52; daily, then n = 365; and so forth, regardless of the number of years involved.

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HOPE THIS HELPS YOUU :)

AND STAY BLESSED.

Answer 2

it is solved the same way but in the case of quarterly, we multiply time by 4 and the rate by 1/4. Hope it helps!!!!!