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To say that something is "compounded quarterly" is to say that it is compounded four times a year. An example of something that may be compounded quarterly is the interest rate on a bank account.

The formula for interest compounded annually is FV = P(1+r)n, where P is the principal, or the amount deposited, r is the annual interest rate, and n is the number of years the money is in the bank. FV is the amount of money the depositor would have after n years, or th...

www.reference.com/science/mean-quarterly-basis-4853fa404dbe37d3

Being on a quarterly basis means that something is set to occur every three months. Every year has four quarters, so being on a quarterly basis means a certain event happens four times a year.

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www.reference.com/article/quarterly-taxes-due-96c6d7ab1625d0a1

Quarterly taxes are due on April 15 for the first quarter, June 15 for the second quarter, September 15 for the third quarter and January 15 of the following year for the fourth quarter, reports the Internal Revenue Service. There are a few exceptions to these deadlines...

www.reference.com/article/formula-calculating-compound-interest-771d3c009afd6704

One formula for calculating yearly compound interest is M=P(1+i)n. "M" represents the final amount with the principal and interest combined, "P" represents the principal amount, "i" represents the interest rate, and "n" is the number of years invested.

www.reference.com/article/formula-calculating-earned-value-d22e38110cf95d92

The formula for earned value is EV = PC x BAC, in which EV stands for the earned value, PC is the percent complete and BAC is the budget at completion. This formula determines what the estimated value of a project is at different points prior to its completion.

www.reference.com/article/commonly-used-compounding-formulas-4260a37b12a0cfbb

Common types of formula used to represent a chemical compound include molecular formulas, empirical formulas and structural formulas. Condensed structural formulas, which are derived from structural formulas, are also utilized to convey more detailed features of a compo...