What is the unit of time (t) when calculating interest?

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The federal reserve controls certain interest rates in the united states. investors often try to speculate as to whether the federal reserve will raise or lower rates and by how much. suppose a company conducts extensive interviews with financial analysts, and as a result, predicts that "thefed" will increase rates by an average of 0.25 percentage points every six months for the forseeable future. which type of equation could be used to model the predicted interest rates over the next several years, assuming no other significant changes? a) a linear equation b) a quadratic equation c) a polynomial equation d) an exponential equation

Josie buys a pair of boots that retail for $52.00 dollars, however they are currently on sale for 25% off how much does josie pay for the boots if there is also a 6% sales tax on them