bank of poulsbo is advertising an apr of 8.3% with daily compounding. determine the equivalent apr if the bank were to change its compounding from daily to quarterly.

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07-10-2022
Business

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bank of poulsbo is advertising an apr of 8.3% with daily compounding. determine the equivalent apr if the bank were to change its compounding from daily to quarterly.

Sagot :

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bank of poulsbo is advertising an apr of 8.3% with daily compounding. determine the equivalent apr if the bank were to change its compounding from daily to quarterly.

Sagot :

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