document.write( "Question 420778: Find the effective rate of interest.
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document.write( "4.75% compounded quarterly \n" );
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Algebra.Com's Answer #293939 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! (1+0.0475/4)^4-1 \n" ); document.write( "(1.011875)^4-1=0.0483528 \n" ); document.write( "4.83528%\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |