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Amanager recorded the number of bicycles sold by his company each quarter. his projected sales after t years is given by the expression below. which of the following statements best describes the expression? a. the initial sales of 575 bicycles increases at the rate of 4% over 4 quarters. b. the initial sales of 575 bicycles increases at the rate of 18% over 4 years. c. the initial sales of 575 bicycles increases at the rate of 4% over t quarters. d. the initial sales of 575 bicycles increases at the rate of 18% over t years.

If $740 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 7 years? use the continuous compound interest formula a = pert.

If the simple annual interest rate on a loan is 6, what is the interest rate in percentage per month?