Answer:
No, equivalent quarterly rate will be approx 1.75%
Step-by-step explanation:
Given that Chan deposited money into his retirement account that is compounded annually at an interest rate of 7%.
We know that there are 4 quarters in 1 year.
So to find that equivalent quarterly we will divide given yearly rate by number of quarters.
That means divide 7% by 4.
which gives 1.75%.
But that is different than Chan's though of 2% quarterly interest.
Hence Chan is wrong.
Yes, because every real number is a complex number with an imaginary 0
Given:
8 2/3 hours per month
12 months in a year.
Number of hours she play soccer in a year.
8 2/3 must be converted to improper fraction.
((8*3)+2)/3 = 26/3
26/3 * 12 = (26 * 12)/3 = 312/3 = 104
Yolanda spends 104 hours in a year playing soccer.
The answer is (1,1). If you need an explanation why I will be happy to help :)
The square root of 144 is 12