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You invest $1000 in an account that has an annual interest rate of 4%, compounded monthly for 12 years. What is the equivalent interest rate and how many times will the money be compounded?
a) 3% and 4 times
b) 0.33% and 144 times
c) 3% and 144 times
d) 0.33% and 1 time

How do i get the answer for 2/3 * 10/3

Suppose there is a simple index of three stocks, stock abc, stock xyz, and stock qrs. stock abc opens on day 1 with 4000 shares at $3.15 per share. stock xyz opens on day 1 with 5000 shares at $4.30 per share. stock qrs opens on day 1 with 6000 shares at $4.60 per share. the price of stock abc on day 8 begins at $3.50. the price of stock xyz on day 8 begins at $3.90. stock qrs opens on day 8 with a price of $4.50 per share. assume that each stock has the same number of shares that it opened with on day 1. what is the rate of change of this simple index over 1 week?

Given: pqrs is a parallelogram prove: pr and qs bisect each other at t