You borrow $700 and promise to pay back $749 at the end of 1 year. B. You lend $700 and receive a promise to be paid $749 at the end of 1 year. C. You borrow $85,000 and promise to pay back $201,229 at the end of 10 years. D. You borrow $9,000 and promise to make payments of $2,684.80 at the end of each of the next 5 years.

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;

answer: sorry i dont really know but can we talk all my friends r gone and im bored

step-by-step explanation:

how much is coupon

step-by-step explanation:

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