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What rate compounded quarterly is equivalent to 14% compounded semiannually?

Answers

  • Réponse publiée par: snow01

    28%

    Step-by-step explanation:

    rate/conversion period=interest

    14%/2(semiannually) =0.07

    interest x conversion period= rate

    0.07 x 4 (quarterly) = 0.28 or 28%

  • Réponse publiée par: mildredjingpacpavhvg

    1.A 2.C 3.A 4.B 5.B 6.C 7.A8.C9.A10.C yan lang po alam ko

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What rate compounded quarterly is equivalent to 14% compounded semiannually?...