Question

What is the equation to find a Compounded quarterly rate?

Answer 1

wht is the formula for per annum ?

Answer 2

I know one of them is A=Pe^rt

Answer 3

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

Answer 4

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

Answer 5

\[A=P(1+{r \over n})^{nt}\] 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

Answer 6

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

Answer 7

by d way i m sir only

Answer 8

Sir, and you're welcome

Answer 9

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