100 POINTS Gavin deposited money into his savings account that is compounded annually at an interest rate of 9%. Gavin thought the equivalent quarterly interest rate would be 2.25%. Is Gavin correct? If he is, explain why. If he is not correct, state what the equivalent quarterly interest rate is and show how you got your answer

definition : When you are using quarterly interest rates instead of annual, you can find the appropriate rate by dividing the annual interest rate by the number of periods. For example, a 12 percent annual interest rate divided by four periods is a three percent quarterly interest rate.

so he uses 9% annually divided by 4 ( the year consist of four quarters )=2.25 which is correct.

9/4=2.25

b

step-by-step explanation:

given

- 2 (3x + 12y - 5 - 17x - 16y + 4 )

simplify the parenthesis by collecting like terms

= - 2 (- 14x - 4y - 1) ← distribute the parenthesis by - 2

= 28x + 8y + 2 → b

pretty sure 750 each month!

step-by-step explanation: