Answer:
Rebecca is incorrect. The equivalent quarterly interest rate is 1.75%.
Explanation:
The formula for compound interest is i = r/n.
r represents the interest rate in decimal form.
n represents the compounding periods in a year.
Calculate the interest rate for 7% compounded quarterly:
Since interest compounded quarterly is four times a year, n = 4.
7% is converted to decimal form by dividing by 100.
7 / 100 = 0.07
r = 0.07
Substitute these into the formula:
i = r/n
= 0.07/4
= 0.0175
0.0175 is in decimal form. To convert it to a percentage, multiply it by 100.
0.0175 X 100 = 1.75%
1.75% ≠ 2%
Therefore, Rebecca is incorrect. The equivalent quarterly interest rate is 1.75%.
Answer: The simplest (and most commonly used) area calculations are for squares and rectangles. To find the area of a rectangle, multiply its height by its width. For a square you only need to find the length of one of the sides (as each side is the same length) and then multiply this by itself to find the area.
Step-by-step explanation:
Answer:
They're all the same distance from 0 on the number line.
Step-by-step explanation:
That's a similarity. If you want to know the difference, then it should be that one is greater than 0, and the other is less than 0.
I'm pretty sure that's what you're asking for, right?
The slope-point formula of a line:
We have:
Substitute:
Answer:
i dont know
Step-by-step explanation:
