annuity per-period rate w/ qtrly pymts, annual int of 4% comp qtrly

[helpwithmath123]

Hi there, can anyone help me out with the problems below? I am struggling with this chapter and want to make sure I am doing it right. Thank you so much in advance!

1. [FONT=&quot]What is the rate per period for an annuity in which the payments are made quarterly and the annual interest is compounded quarterly with an annual interest rate of 4%?

2.[/FONT][FONT=&quot]What is the total number of periods for the annuity described in Question #3 above if the length of the annuity is 15 years?[/FONT]

 

[stapel]

Hi there, can anyone help me out with the problems below?

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1. What is the rate per period for an annuity in which the payments are made quarterly and the annual interest is compounded quarterly with an annual interest rate of 4%?

2.What is the total number of periods for the annuity described in Question #3 above if the length of the annuity is 15 years?

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I...want to make sure I am doing it right.

Great! Please reply with a clear listing of what you've done, and I'm sure somebody will be glad to check your work.

Please be complete. Thank you!