# What rate compounded quarterly is equivalent to 14% compounded semiannually?

Answers: 1

## Answers

What rate compounded quarterly is equivalent to 14% compounded semiannually?...

Answers: 1

What rate compounded quarterly is equivalent to 14% compounded semiannually?...

28%

Step-by-step explanation:

rate/conversion period=interest

14%/2(semiannually) =0.07

interest x conversion period= rate

0.07 x 4 (quarterly) = 0.28 or 28%

1.A 2.C 3.A 4.B 5.B 6.C 7.A8.C9.A10.C yan lang po alam ko