9514 1404 393
Answer:
12.1204%
Step-by-step explanation:
The nominal annual rate is 4 times the effective quarterly rate:
(1 +0.12/12)^3 = 1.030301
so the effective quarterly rate is 3.0301%.
The equivalent annual rate compounded quarterly is 12.1204%.
I believe the answer could just be 2
Answer:
Linear: greater than 2011
Quadratic: lesser than 2011
Cubic: lesser than 2011
Step-by-step explanation:
At x = 2
Linear regression equation:
y = -6777.54(2) + 110001.04
y = 96445.96
More than 2011
Quadratic: y = -251.10(2)² - 2760.02(2) + 98618.06
y = 92093.62
lesser than 2011
Cubic: y = -6.23(2)² - 101.67(2)² - 3747.49(2) + 100142.23
y = 92190.73
lesser than 2011
I'm pretty sure the answer would be 4+4x
