To get your answer you'd do 122.80/5
And that equals 24.56
So your answer would be A.
Hope this helps :)
It’s 6 because if you divide 12 divided by 2 that’s 6 and to check it multiply 6x2=12
Answer:
Show the whole pic
Step-by-step explanation:
51T+9
51×T+9
These are the answers .. chose anyone because they both mean the same thing but the first one is more sophisticated
The equation for compound interest is:
Where r is the interest rate and n is the number of times per year it's applied. Annually n = 1 and 7% interest r = 0.07 The quarterly rate 2% is already quartered 0.02 = r/n .
You can see that Alexander is incorrect. A quarterly compound interest rate of 2% will accrue more interest than a 7% compound annual interest rate.
1.7% compound quarterly Hope this helps:)
