Ask your own question, for FREE!
Mathematics
OpenStudy (anonymous):

What is the equation to find a Compounded quarterly rate?

OpenStudy (anonymous):

wht is the formula for per annum ?

OpenStudy (anonymous):

I know one of them is A=Pe^rt

OpenStudy (anonymous):

or, A = P (1+r)^t

OpenStudy (anonymous):

now quaterly payment will be their right so in one year how many number of times?

OpenStudy (turingtest):

\[A=P(1+{r \over n})^{nt}\] where P = principal amount (the initial amount you borrow or deposit) r = annual rate of interest (as a decimal) t = number of years the amount is deposited or borrowed for. A = amount of money accumulated after n years, including interest. n = number of times the interest is compounded per year so for you n=4

OpenStudy (anonymous):

^ That's the equation I'm looking for thank you sir, or Ma'am

OpenStudy (anonymous):

by d way i m sir only

OpenStudy (turingtest):

Sir, and you're welcome

OpenStudy (anonymous):

see things are simple u just have to chage ur point of view

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!