Answer:
No, because 1.25% times 3 is 3.75% which is less than 6%
Step-by-step explanation:
Quarterly is every 3 months
6% interest is 1.06, 6 cents on the dollar
Monthly interest rate is 1.25% so 1.25 × 3 is 3.75
So, 1.25% times 3 is 3.75% which is 2.25% less than 6%
Hope this helps!
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Answer:
7
Step-by-step explanation:
Answer:
4584607 is your correct answer
Answer:
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