Answer:
A:48 B:45
Step-by-step explanation:
A good deal on the mortgage I suppose. A bit expensive, but if you have the money go for it.
Ni is not correct. To solve
the equivalent quarterly interest rate, the annual interest rate should be multiplied
by the correct ratio. Since the annual interest rate is 4% per year. So in 1 quarter
is equal to 0.25 year.
<span>(4% / year) (0.25 year/ 1
quarter) = 1% per quarter</span>
Answer:
4
Step-by-step explanation:
