What is the yield for 6.5% interest compounded quarterly

Question

anonymous · Answer

Know and memorize this formula for compound interest:
$$A = P(1+ r/n)^{nt}$$
A = Final amount
P = Principal (initial) amount
r = Interest rate/APR
n = Times compounded per year
t = Years

Now having said that...
There's no f-ing way I can answer your question quantitatively without you providing additional information. If you want an answer with many variables, start here, and do algebra.
$$A = P(1+ 0.065/4)^{4t}$$
If this is what you're having trouble with, let me know and I'd be happy to complete the rest of the problem.

anonymous · Answer

can you help me solve it please?

anonymous · Answer

Do you want the answer with all the variables? The value of A with respect to P and t?

anonymous · Answer

yes please?

anonymous · Answer

$$A = P (1+0.065/4)^{4t} = P (1.01625)^{4t} = P(1.06660161)^t$$
That is your answer.. Your gross amount/yield is A.

anonymous · Answer

thank u