20 points and will mark brainliest you need to explain chan deposited money into his retirement account that is compounded annually at an interest rate of 7%. chan thought the equivalent quarterly interest rate would be 2%. is chan 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. (8 pts)

He is not correct because it would be less than 2

Step-by-step explanation:

The actual quarterly interest rate would be 0.175.I got this by dividing 0.7 by 4 and you get 0.175. 0.175 is close but it is not 2 which makes Chans statement wrong.

step-by-step explanation:

y = | -2(-2) |     →     y = | 4 |     →     y = 4       ⇒   (-2, 4)

y = | -2(-1) |     →     y = | 2 |     →       y =   2       ⇒   (-1, 2)    

y = | -2(0) |     →     y = | 0 |     →       y = 0         ⇒   (0, 0)

y = | -2(1) |   c →     y = | -2 |     →     y =   2         ⇒   (1, 2)    

y = | -2(2) |     →     y = | - 4 |     →     y =   4         ⇒   (2, 4)  

the answer is  

a.

4,624π mm2

step-by-step explanation: