anonymous
  • anonymous
does compound quarterly and annually make a difference?
Mathematics
  • Stacey Warren - Expert brainly.com
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schrodinger
  • schrodinger
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amistre64
  • amistre64
yes
anonymous
  • anonymous
yea bruh continuous you use A = Pe^rt and for quarterly you use A = P(1+(r/n)^nt...n would be 4 for quarterly and t is the number of years
amistre64
  • amistre64
100 at 16% quarterly is 100(1 +.16/4)^4 = 116.99 ...................................... 100(1.16) = 116

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anonymous
  • anonymous
r is the rate of interest
anonymous
  • anonymous
my problem is i dont know how to plug in those numbers in that formula.. i think im doing it the long way
anonymous
  • anonymous
what is ^ ?
amistre64
  • amistre64
^ indicate an exponent 3^2 = 9 4^3 = 64 2^3 = 8

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