Math, asked by salman2132, 1 year ago

how to calculate compound interest quarterly​

Answers

Answered by Vamprixussa
1

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

Here is your answer,

===================================================

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.

===================================================

HOPE THIS HELPS YOUU :)

AND STAY BLESSED.

Attachments:
Answered by lordofmasters
1
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!!!!!

lordofmasters: u r welcome
lordofmasters: plz follow me!!!!
Similar questions