In working problems involving interest, if the payment period of the interest is quarterly, then interest is paid ___________ times per year.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.3: Geometric Sequences And Series
Problem 8ECP: An investor deposits $70 on the first day of each month in an account that pays 2 interest,...
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In working problems involving interest, if the payment period of the interest is quarterly, then interest is paid ___________ times per year.

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