A path 1 m wide is build around a garden that is a 30-meter square. What is the area taken by the path?

Blue = 116 m^2

Step-by-step explanation:

The area of the path and the square  =  30*30 = 900 m^2

The size of the square = 30 - 2 = 28. The square = 28^2 = 784

The path takes up the difference between the two 900 - 784 = 116

one fourth of 9% = 2.25%

gavin is correct in saying : the equivalent quarterly interest rate would be

2.25%.