If a saving account pays interest at an annual rate of 4% compounded quarterly, the amount of $1 left on deposit for 6 years would be found in a table using which factor:
A. |
6 periods, 1% |
|
B. |
24 periods, 1% |
|
C. |
6 periods, 4% |
|
D. |
24 periods, 4% |
If a saving account pays interest at an annual rate of 4% compounded quarterly, the amount...
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