The answer is A, D, and E because when you add them up they give you 28.3
Answer:
D 112
Step-by-step explanation:
bc i know
B is the answer on ingenuity
Answer:
<u>If the amount is P, with the interest rate of 12%, the interest over the year is:</u>
<u>In this case the quarterly interest rate is:</u>
<u>With the same amount and 3% quarterly rate, the yearly interest would be:</u>
<u>The quarterly interest rate in this case is:</u>
If the quarterly interest rate is r, it should be little less than 3% to yield a 12% yearly rate.
So Kraig is wrong.
Here is you're answer:
In order to get you're answer you need to find the common denominator then add.

- Find the common denominator:


- Simplify:
-


Therefore you're answer is option D "13/24."
Hope this helps!