Mathematics, 11.12.2019 09:31 tavidallaz5988
Gavin deposited money into his savings account that is compounded annually at an interest rate of 9%. gavin thought the equivalent quarterly interest rate would be 2.25%. is gavin correct? if he is, explain why. if he is not correct, state what the equivalent quarterly interest rate is and show how you got your answer
Answers: 3
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Gavin deposited money into his savings account that is compounded annually at an interest rate of 9%...
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