answersLogoWhite

0


Best Answer

Interest of r% per quarter is equivalent to {(1+r/100)4 - 1} percent annually.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you converts interest rate from compounding quarterly to compound annually?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What type of reaction converts alcohol into an ester compound?

oxidation


How many convert to mormonism annually?

It changes from year to year, but here are the numbers of converts to the Church of Jesus Christ of Latter-day Saints (the "Mormon" church) for recent years: 2010: 272,814 converts 2009: 280,106 converts 2008: 265, 593 converts 2007: 279,218 converts 2006: 272,845 converts 2005: 243,108 converts And some other years, to compare: 1995: 304,330 converts 1985: 197,640 converts 1976: 133,959 converts


What is the functions of nitrosomonas and nitrobacter bacteria and where they can be found?

converts ammomun compound to nitrites and nitobacter


What converts nitrogen into air plants can use?

Plant can not use nitrogen "air" (gas), it must be "fixed" , a nitrous compound.


What is the name of the enzyme in saliva and what compound is produced when this enzyme acts on starch?

the enzyme ptylin or some amylase and it converts starch to maltose


Is there any matter or compound that converts heat energy into magnetism property?

I'm not aware of one. Generally, if you heat a ferrous magnet, it will lose rather than gain magnetism.


What important compound is found in the chloroplast of a elodea leaf?

The important compound found in the chloroplast of an elodea leaf is chlorophyll. Chlorophyll is responsible for absorbing light energy during photosynthesis, which converts that energy into chemical energy that the plant can use to carry out various cellular processes.


What is the energy that solenoid converts to?

A solenoid converts electric energy into electromagnetic energy, which then converts into kinetic energy.


What does a video card converts?

It converts playable items


What was the number of converts?

There is no one group called "converts". Without being more specific (converts to Christianity, converts from Hinduism to Buddhism, etc), this question can't be answered.


When an organism such as yeast lives by fermation it converts the pyruvic acid from glycolsis into a different compound such as alcohol Why doesn't it secrete pyruvic acid directly?

The conversion is needed to regenerate the molecules needed for glycolysis.


What is beta-carotene?

β-Carotene is an organic compound which is classified as a terpenoid, a type of hydrocarbon. It produces the red-orange pigment in various fruits and vegetables. The body converts beta-carotene to vitamin A.