Answer:
No, because 1.25% times 3 is 3.75% which is less than 6%
Step-by-step explanation:
Quarterly is every 3 months
6% interest is 1.06, 6 cents on the dollar
Monthly interest rate is 1.25% so 1.25 × 3 is 3.75
So, 1.25% times 3 is 3.75% which is 2.25% less than 6%
Hope this helps!
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(2x-y = -3 × y = 0 × (0, 0) × ( -1, 1) × (1, -1) =
(2x - y = -3 × y =0 × (0)) ×, × 0 ×, × 1 ×, × -1
16 is the answer when multiplied by each side
$1100 x 1.021^7 = $1272 (whole number.)
the $1100 is the original amount of money put in the bank with the 1.021 being the interest rate. this was put to the power of 7 to represent the years the money will be in the account.
