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:)
Answer:A
Step-by-step explanation: because x + 0 is still x and y + 0 is still y
and it is equivalent
Hope this helped
Answer:
~ 2y-1
Explanation:
~ There’s no like terms for us to collect
~ So we just leave it as it is, we only have to get rid of the bracket and that’s the answer
Yes it is. rational #s can be expressed in the form of a fraction. where the numerator and the denominator do not equal zero.
