In office spends $375 per month on office supplies the manager wants the company to decrease office supply costs by 16% how much
1 answer:
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The answer is "<span>the number of times the account compounds interest</span>".
The general formula is the following:
wherein r is the interest rate compound each four months.
Since there is 3*4 months in a year, then each year we compute the interest Three time, there where the factor 3 comes.
The general formula is the following:
wherein r is the interest rate compound each four months.
Since there is 3*4 months in a year, then each year we compute the interest Three time, there where the factor 3 comes.