For each of the following accounts, determine the percent change per compounding period. Give your answer in both decimal and percentage form. 5% APR compounded monthly.  Decimal form:  Percentage form: %        2. 6.7% APR compounded quarterly.Decimal form: Percentage form: %         3.  3.2% APR compounded daily.Decimal form: Percentage form: %         4.  8% compounded each hour.Decimal form: Percentage form: %

Question

For each of the following accounts, determine the percent change per compounding period. Give your answer in both decimal and percentage form.

  1. 5% APR compounded monthly.  Decimal form: 

Percentage form: %

       2. 6.7% APR compounded quarterly.
Decimal form:

Percentage form: %

        3.  3.2% APR compounded daily.
Decimal form: 
Percentage form: %

        4.  8% compounded each hour.
Decimal form:

Percentage form: %  

 

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