Answer:
2212$
Step-by-step explanation:
Answer:
what
Step-by-step explanation:
Answer:
No, equivalent quarterly rate will be approx 1.75%
Step-by-step explanation:
Given that Chan deposited money into his retirement account that is compounded annually at an interest rate of 7%.
We know that there are 4 quarters in 1 year.
So to find that equivalent quarterly we will divide given yearly rate by number of quarters.
That means divide 7% by 4.
which gives 1.75%.
But that is different than Chan's though of 2% quarterly interest.
Hence Chan is wrong.
Answer:
Always
Step-by-step explanation:
The definition of a perpendicular line is that it intersects another at a 90 degree angle. Using this, by verticals, the opposite corner angle must also be 90-degrees, and since one side of a line is 180 degrees, 180-90 = 90, which ensure the rest of the angles will be 90 degrees too.