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majarm majarm
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6 years ago
What nominal rate of interest-compounded quarterly will have to be earned on a savings account for it to grow from $1525 to $1955 over a period of 21 months?
A) 14.45%
B) 15.45%
C) 12.45%
D) 3.61%
E) 10.45%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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Posts: 349
6 years ago
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majarm Author
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6 years ago
Thanks for your help!!
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Yesterday
Brilliant
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2 hours ago
Helped a lot
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