annab2k04
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Please please help me. I'll give you the BRAINLIEST if correct! Given the equation A=250(1.1)^t, you can determine that the interest is compounded annually and the interest rate is 10%. Suppose the interest rate were to change to being compounded quarterly. Rewrite the equation to find the new interest rate that would keep A and P the same. What is the approximate new interest rate? Convert your answer to a percentage, round it to the nearest tenth, and enter it in the space provided, like this: 42.53%

Respuesta :

Answer:

A=250(1+2.5)^4/12

Step-by-step explanation:

A=250(1+0.1)^t

compounded  quarterly : divide the annual by 4 : 0.1/4=0.025 or 2.5%

2.5% every  3 month (quarterly), t=4/12 (quarterly)

the equation will be :

A=P(1+r/n)^t (p is the principal),r is the rate, n is the number of compounding , t is the time.

i hope it works, just try it

A=250(1+2.5)^4/12

ProDGuy

Answer:

hi skkedklsk sn1. soosis

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