If the conversion period is after every three months, then we can say that the interest is____________
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Answered by
33
If the conversion period is after every three months, then we can say that the interest is quarterly
Hope it helps you mate
Answered by
5
Step-by-step explanation:
As the compound is compounded Quarterly, i.e. 4 parts; rate is divided into quarters, quarterly rate being ¼ th of the annual rate.
so,your answer is quarterly
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