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%.
Answer:
length of the longest side is less than 21
Step-by-step explanation:
5n+6n+7n=18n
18n<54
n<54/18
n<3
7*3=21( longest side.
)
Answer:
x=9
Step-by-step explanation:
8x-14=2(2x+11)
8x-14=4x+22
4x=36
x=9
Answer: <em>Einstein primarily emigrated to the United States because he had a Jewish background, and Adolf Hitler, who became Germany's chancellor in 1932, was about to adopt Anti-Semitic policie</em>s.
<em>Hope this helps!!</em>
<em>Sorry if it's incorrect!!</em>
<em>Have a nice day!!</em>
Answer: 12 acres could be planted (at most)
Step-by-step explanation: Since there will be twice as many acres of wheat in comparison to the corn, out of the total 36 acres at least 24 of those will need to be wheat. That leaves 12 acres left for the corn.
