Mathematics, 19.05.2021 17:10 kyleeeeee94

The interest for a bank account is compounded quarterly. The equation 480(1.08)12 is used to calculate the value of the account after some amount of time. The yearly interest rate for the account is
8%
3%
2%
32%
12%

Answers: 3

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The interest for a bank account is compounded quarterly. The equation 480(1.08)12 is used to calcula...

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The interest for a bank account is compounded quarterly. The equation 480(1.08)12 is used to calculate the value of the account after some amount of time. The yearly interest rate for the account is 8% 3% 2% 32% 12%

Answers

Another question on Mathematics

The interest for a bank account is compounded quarterly. The equation 480(1.08)12 is used to calculate the value of the account after some amount of time. The yearly interest rate for the account is
8%
3%
2%
32%
12%