Question

p=39,145
r=0.03
n=12
a(t)=10,000
solve for the adjusted interest rate using the formula a(t)=p[(1=r/n)1/c]^cnt where c=4. when solving for the adjusted interest rate, be sure so set it equal to 1+r/n

Answer 1

what i have so far
10,000=39,145[(1.0025)1/4]48t