Bill is a financial manager. He writes the equation A=2500(1.36)t to find out how much it will cost his company for a one-year loan of $2500 if the 36% APR is compounded only once.

Which answer shows how the equation can be rewritten to find the interest rate that would cost Bill's company the same amount if it were compounded quarterly?

A≈2500(1.0799)4t APR≈31.96%
A≈2500(1.36)4t APR≈36%
A≈2500(0.34)4t APR≈34%
A≈2500(1.0799)4t APR≈7.99%

idk

step-by-step explanation:

answer:

it is general formula that is used to write value to its excet position

a11 a12 a13

a21 a22 a23

it is the example of order 2 by 3 matrix in this

a11 means value occur in 1 st row 1st column

a12 means value occurs in 1st row 2nd column

a13 means value occur in 1st row and 3rd column

a21 means value occurs in 2nd row and 1st column

a22 means value occurs in 2nd row and in 2nd column

a23 means value occurs in 2nd row and in 3rd column

the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870