Simply. 4m - 5.
3(m-5)+m
First, use distributive property
3m-15+ m
Combine like terms
3m + m
The answer
4m - 15
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>
