Step-by-step explanation: The word quotient means division.
So the quotient of a number and 4 means n ÷ 4.
Its a loan , because its money u get from the bank and over time the interest adds up which u must pay back.
Current price : 600
Price 10 years from today :
P (10)=600×(1.037)^(10)=862.86
The answer would be correct. hope that helped
