Answer:
Rebecca is incorrect. The equivalent quarterly interest rate is 1.75%.
Explanation:
The formula for compound interest is i = r/n.
r represents the interest rate in decimal form.
n represents the compounding periods in a year.
Calculate the interest rate for 7% compounded quarterly:
Since interest compounded quarterly is four times a year, n = 4.
7% is converted to decimal form by dividing by 100.
7 / 100 = 0.07
r = 0.07
Substitute these into the formula:
i = r/n
= 0.07/4
= 0.0175
0.0175 is in decimal form. To convert it to a percentage, multiply it by 100.
0.0175 X 100 = 1.75%
1.75% ≠ 2%
Therefore, Rebecca is incorrect. The equivalent quarterly interest rate is 1.75%.
Answer: I think
GIVEN TRIANGLE PQR WITH P(1,6) Q(3,1) AND R(8,3). WHAT POINT BISECTS PQ? B) WHY DO SLOPES OF THE PQ AND QR SHOW THAT M
Step-by-step explanation:
Answer:
C
Step-by-step explanation:
∠ 4 and ∠ 8 are corresponding angles
Each is in the same position (the lower left angle ) in its group of 4 angles.
The answer is 98 small and 57 large cups.
s - the number of small cups
l - the number of large cups
<span>Ashley sold a total of 155 cups: s + l = 155
</span><span>Ashley earned</span><span>for $265: 1.25 * s + 2.50 * l = 265
</span>s + l = 155
1.25 * s + 2.50 * l = 265
________
s = 155 - l
1.25 * s + 2.50 * l = 265
________
1.25 * (155 - l) + 2.50 * l = 265
193.75 - 1.25 * l + 2.50 * l = 265
193.75 + 1.25 * l = 265
1.25 * l = 265 - 193.75
1.25 * l = 71.25
l = 71.25 / 1.25
l = 57
______
s = 155 - l
l = 57
s = 155 - 57
s = 98