You invest $600 in an account that has a annual interest rate of 7%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded? Help pleasee!

Step-by-step explanation:

The equivalent interest rate is the rate that would have to be applied so it would earn the same amount in 1 year. It is computed from ...

  requiv = (1 +r/n)^n -1

  requiv = (1 +0.07/4)^4 -1 ≈ 7.186%

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"Compounded quarterly" means interest is compounded 4 times per year. In 4 years, it will be compounded 4·4 = 16 times.

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The balance in the account after 4 years is ...

  $600·(1 +.07/4)^(4·4) ≈ $791.96

x=-2

infinite number of lines, so there is an infinite number of equations.

step-by-step explanation:

there are an infinite number of line that passes through the point (-2,5)

x=-2   is one line that passes through the point

y = 5 is another line that passes through the point

(these two lines are perpendicular to each other).

since the number of   numbers are infinite and the slope is the ratio of two numbers,(change in y over change in x) we can have an infinite number of slopes.     our only condition is that it passes through the point (-2,5)

answer are

step-by-step explanation: