What are two ways to find the difference 13/50 - 4.93

Find the two ways to find the difference of :

First way:

To convert this fraction  into decimal.

We have to make the denominator 100.

i.,e

now,

Second way:

Convert to and 4.93 to ,

Now:

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;