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.
after solving 
we get 
Step-by-step explanation:
We need to find the value of x in:
Solving:
So, after solving we get
Keywords: Solving the expression
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Answer:
y=1/2x+5
Step-by-step explanation:
Plug it into the formula for a point and a slope.
(y-(y(subscript 1)))=(m)(x-(x(subscript 1)))
Y-8=1/2(x-6)
Then multiply the 1/2 to the x and -6. After you do that, move everything so that it has y by itself on the left. Your ending should be y=1/2x+5.
Answer:
bob goes 28 miles in 2 hours while traveling to the store. how many miles does he drive per hour. the answer is 14 miles per hour
Answer:
Step-by-step explanation:
3 2/5
