Answer:
1) 0.5 %
2) 16
Step-by-step explanation:
Since, a year = 12 months,
1 month =
year,
1) If the interest is compounded monthly,
Then, the rate per period = 
Given, annual rate = 6%,
So, the rate per period =
= 0.5%,
2) 1 year = 4 quarters,
If the loan is of 4 year and it is compounded quarterly,
Then, the number of compounding periods = number of years × 4
= 4 × 4
= 16
Answer:
9/10 or 0.9
Step-by-step explanation:
As we move 50 feet horizontally, the far end of the ramp reaches 4.5 feet above ground level. Thus, the slope is m = rise / run = 4.5/50 = 9/10 or 0.9.
X/9 > 9
multiply both sides by 9
x > 81
answer is
b.
x > 81