Mathematics, 25.10.2019 08:43 jadepotts3965

20 points
nora deposited money into her savings account that is compounded annually at an interest rate of 4%. nora thought the equivalent quarterly interest rate would be 3.5%.
is nora correct? if she is, explain why.
if she is not correct, state what the equivalent quarterly interest rate is and show how you got your answer.

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20 points
nora deposited money into her savings account that is compounded annually at an int...