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anonymous
 5 years ago
does compound quarterly and annually make a difference?
anonymous
 5 years ago
does compound quarterly and annually make a difference?

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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0yea 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
 5 years ago
Best ResponseYou've already chosen the best response.0100 at 16% quarterly is 100(1 +.16/4)^4 = 116.99 ...................................... 100(1.16) = 116

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0r is the rate of interest

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0my problem is i dont know how to plug in those numbers in that formula.. i think im doing it the long way

amistre64
 5 years ago
Best ResponseYou've already chosen the best response.0^ indicate an exponent 3^2 = 9 4^3 = 64 2^3 = 8
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