You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded?

Please Help.

16

Step-by-step explanation:

quarterly means every 3 month , so there are 4 quarterlies in one year . 4 multiplied by 4 years = 16. So there are 16 quarterlies in 4 years. Therefore, $300 will be compounded 16 times for four years.

option a, c,d are correct.

step-by-step explanation:

from the given figure, it is given that z is equidistant from the sides of the triangle rst, then from triangle tzb and triangle szb, we have

tz=sz(given)

bz=zb(common)

therefore, by rhs rule,δtzb ≅δszb

by cpctc, sz≅tz

also, from δctz and δasz,

tz=sz(given)

∠tcz=∠saz(90°)

by rhs rule, δctz ≅ δasz, therefore by cpctc, ∠ctz≅∠asz

also,from δasz and δzsb,

zs=sz(common)

∠zbs=∠saz=90°

by rhs rule, δasz ≅δzsb, therefore, by cpctc, ∠asz≅∠zsb

hence, option a, c,d are correct.

if x = 1, then the answer is 3.5