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%.
the answer is 53 because when you multiply a decimal by 10 all you need to do is move the decimal to the right
Y intercept (x = 0)
4(0)+3y=12
3y = 12
y = 12/3
y = 4
X intercept (y = 0)
4x+3(0)=12
4x = 12
x = 12/4
x = 3
R/ The intercept with x is (3,0) and with y (0,4)
Answer:
4 and -4 are both the square roots of 16
Step-by-step explanation:
Answer:
11k +12
Step-by-step explanation:
8k + 4 and 3k + 8
Combine like terms
8k + 4 + 3k + 8
8k+3k + 4+8
11k +12
