The selling price of a compact disc player is $174. The markup rate used by the seller is 20%. Find the cost of the compact disc player.

pla·gia·rism

/ˈplājəˌrizəm/

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noun

the practice of taking someone else's work or ideas and passing them off as one's own.

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70 years.

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yes, gavin is right.

step-by-step explanation:

gavin is correct. 

this problem is about converting 9% per year to how many percent per quarter. the rate is still the same. it only differed in the time period. so, through dimensional analysis,

9% per year  × (1 year / 4 quarters) = 2.25% per quarter

if he was asked to convert 9% per year to how many percent per quarter  compounded quarterly, then you will not simply divide by four. this is because compounding is not linear.

hope this , have a good day. c;