Question

percent when
a) If 8% rate of interest is compounded annually, then it becomes
compounded quarterly.
b) How many Quarters are there in 2 years?
c) How many years form 6 half-years?

Answer 1

Answer:

there are 4 quarters in 2 years

There are 3 years in 6 half years

Answer 2

Answer:

4 quarters and 2 years in second part

3 years and 6 half years in third part