Answer:

Step-by-step explanation:
We are given 2 fractions.
1st fraction is Negative StartFraction 3 over 8
i.e.

2nd fraction is negative one-fourth
i.e.

We have to find the quotient when 1st fraction is divided by 2nd fraction.
<u>Definition</u> of quotient is given as:
Quotient is the result obtained when one number is divided by other number.

is converted to
and the 2nd fraction is reversed i.e.
if the fraction is
it becomes
and the sign
is changed to
.
Solving above:

So, the quotient is
.
First expand it
Next subtract 14 - 2x + 4x so it can be 14 + 2x
Next subtract 14 from both sides
Next subtract 20 - 14 so it can be 6
Then divide both sides by 2
And lastly reduce the fraction 6/2 and once u reduce it u have your answer which is x = 3.
Annual rate = 1.05%
Simple interest formula is I = Prt * 100
Where P is principle, I is interest, r is rate and t is time.
Transpose to make r the subject
Prt * 100 = I
r = I/ Pt * 100
Substitute values into the equation.
Let I = $1260, P = $30,000 and t = 4 years
r = $1260/ $30,000 * 4 * 100
r = 0.0105 * 100
r = 1.05%