Question

what should be the rate of interest per anum if the interest is calculated quaterly

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Answer 1

Step-by-step explanation:

a type of fired clay, typically of a brownish-red colour and unglazed, used as an ornamental building material and in modelling.

"terracotta pots"

Answer 2

Answer:

When you are using monthly or quarterly interest rates instead of annual, you can find the appropriate rate by dividing the annual interest rate by the number of periods. For example, a 12 percent annual interest rate divided by four periods is a three percent quarterly interest rate.