You and a friend each have a collection of tokens. initially, for every 8 tokens you had, your friend had 3. after you give half of your tokens to your friend, your friend now has 18 more tokens than you. initially, how many more tokens did you have than your friend?

step-by-step explanation:

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;