Answer:
<u>If the amount is P, with the interest rate of 12%, the interest over the year is:</u>
<u>In this case the quarterly interest rate is:</u>
<u>With the same amount and 3% quarterly rate, the yearly interest would be:</u>
<u>The quarterly interest rate in this case is:</u>
If the quarterly interest rate is r, it should be little less than 3% to yield a 12% yearly rate.
So Kraig is wrong.
Answer:
Step-by-step explanation:
Answer:
1) .8333 2) 2.6666 3) 2 4) 1.5
Step-by-step explanation:
I just used a calculator.
The answer would be 34.8 I’m pretty sure
A. The temperature goes higher-lower-steady/same-lower-same.
B. I do not understand the question