Answer:
18
Step-by-step explanation:
1. 6x6=36
2. 8+36=44
3. 44/11=4
4. 7x2=14
5. 4+14=18
Ni is not correct. To solve
the equivalent quarterly interest rate, the annual interest rate should be multiplied
by the correct ratio. Since the annual interest rate is 4% per year. So in 1 quarter
is equal to 0.25 year.
<span>(4% / year) (0.25 year/ 1
quarter) = 1% per quarter</span>
Answer:
Each pair costs $8.86
Step-by-step explanation:
Divide 35.45 by 4
You get 8.8625
Round that to the nearest hundredth.
You get $8.86
Hope this helped!