You invest $600 in an account that has a annual interest rate of 7%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded? 1.75% and 1 time
5.7% and 4 times
1.75% and 16 times
5.7% and 16 times

1.75% and 16 times

Step-by-step explanation:

Compound interest formula:

where:

Given:

Substituting given values into the formula:

Equivalent interest rate:

Number of times compounded:

just take the area of the square and then the area of the circle then subtract the circle area from the squares area

step-by-step explanation:

25/14 or 1.

step-by-step explanation:

the dots mean that it has infinitely more numbers behind it