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.
Convert 1.2 to 6/5. Then multiply 6/5•^2= 36/25
Answer:
An exponential has the base at the bottom, or the lower portion. Think of "basement" to help remember this. The exponent is the number up top, so 12 is the exponent
therefore, the correct answer is 11
We know that the sum is 30
that means that jody's older brother is 3 years less than twice jodys age.
Lets try all the answers
7*2= 14-3=11 Nope
11*2=22-3=19+11=30 YUP!
19*2=35-3=32 Nope
23*2=46-3=43 Nope
Your answer is b