You have $1200 to invest in an account and need to have $1900 in one year. What interest rate would you need to have in order to reach this goal if the amount is compounded quarterly? Round your answer to the nearest percent. please help a. 48.7%
b. 10.5%
c. 8%
d. 44%

I think it's 44%

Step-by-step explanation:

step-by-step explanation:

mean or average is 40.6

step-by-step explanation:

this can be solved first with pythagorean theorem, which tells us to square both legs of the triangle and sum it. this will be equal to the square of the hypotenuse.

the hypotenuse is the side "opposite" the 90 degree angle, which is x.

so we can write using pythagorean theorem,

simplifying:

to further simplify this radical, we need to use the property  

thus