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KengaRu [80]
3 years ago
8

PLEASE HELP ASAP PLEASE

Mathematics
1 answer:
Vesnalui [34]3 years ago
7 0

Answer:

t = (q - r) / rs

Step-by-step explanation:

Right now you have q=rst+r so if you want to find t you must move the variables around. Like this:

q=rst+r (or r+rst)

so so get rid of the r first

like this: (q-r)=rst

divide by rs to find t

so t=(q-r)/rs

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Please help IF you can Thx In advance!!!!!
Mama L [17]

Answer:

Chan is not correct.

The correct equivalent quarterly interest rate is 1.3108% per quarter.

Step-by-step explanation:

Given that Chan deposited money into his retirement account.

The interest was 7% compounded annually.

Let P be the amount invested and F the final amount got after 1 year

If compounded annually,

F = P(1+0.07) = 1.07P

If compounded quarterly, no of quarters = 4

F = P(1+\frac{7}{100} )^4

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Hence equivalent interest rate = 1.3108% and not 2%

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3 years ago
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Alinara [238K]

Answer:

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Answer:

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3 years ago
I need help with this question
Tamiku [17]

Answer:

4

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6 0
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