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.
Step-by-step explanation:
a. 3 1/7 b. 3 1/6 and c. 2
Answer:
Liam can paint 18 bird houses.
Step-by-step explanation:
9/10 divided by 1/20 = 18
Answer:
Option D
Step-by-step explanation:
Whenever we take a square root of a number the ± sign is with it like here in the question
And then x = ±4.47 which means x has two values one is +4.47 and the other is -4.47 so Option D is our answer.
Answer:
True
Step-by-step explanation:
“Rate of change” means the same as “slope.” If you are asked to find the rate of change, use the slope formula or make a slope triangle.
