Question

what will happen if interest is compounded quarterly how many conversion periods will be there what about the quarter year rate how much will it be of the annual rate discuss with your friends​

Answer 1

Answer:

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Answer 2

Step-by-step explanation:

If interest is compounded quarterly than its 1/4

2)there will be 4 conversion period

3)the annual rate will divided be 1/4 and the quarter