Question and answer
The rate used in the table for calculating compound interest is found by: (Points : 1) Annual rate number of periods Annual rate number of times compounded per year Annual rate divided by number of times compounded per year Annual rate divided by semiannually None of these
The rate used in the table for calculating compound interest is found by: Annual rate divided by number of times compounded per year.
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rachell028|Points 822|
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Asked 9/30/2012 9:11:45 AM
Updated 2/7/2014 4:36:13 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [2/7/2014 4:36:12 AM], Confirmed by jeifunk [2/7/2014 4:36:13 AM], Edited by jeifunk [2/7/2014 4:36:20 AM]
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