Question: Hi, i need help in this question as im having trouble working with the quarters You invested $3,000 in a savings deposit 7 quarters ago
Hi, i need help in this question as im having trouble working with the quarters
You invested $3,000 in a savings deposit 7 quarters ago and it has grown to $3793 today. What nominal rate of annual interest (compounding quarterly) did you earn? (expressed as a percentage to two decimal places; don't use the % sign)
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