For an interest rate of 8% per year compounded quarterly, determine the number of times interest would be compounded (a) per 2 years, (b) per half year, and (c) per quarter. [ don't use excel only formula based]

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
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For an interest rate of 8% per year compounded quarterly, determine the number of times interest would be compounded (a) per 2 years, (b) per half year, and (c) per quarter. [ don't use excel only formula based]
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