Answer:
1.25% and 16 times
Step-by-step explanation:
Since the interest is compounded quarterly it will be compounded 4 times a year. So 4 x 4 is 16, so it will be compounded 16 times.
Then you have to divide the 5% by four to get how much will be compounded each quarter. So, (0.05 / 4) = 0.0125, which is 1.25%.
Answer:
3 1/4 + 2 1/3 = 67 / 12 = 57 1/2
Step-by-step explanation:
Conversion a mixed number to a improper fraction: 3 1/4 = 3 · 4 + 1
4
= 13
4
Conversion a mixed number to a improper fraction: 2 1/3 = 2 · 3 + 1
3
= 7
3
Add: 13
4
+ 7
3
= 13 · 3
4 · 3
+ 7 · 4
3 · 4
= 39
12
+ 28
12
= 39 + 28
12
= 67
12
Answer:
Yes
Step-by-step explanation:
