Pine bluff middle school is having its annual spring fling dance, which will cost
$
4
0
0
$400dollar sign, 400. the student treasurer reported that the dance fund has
$
7
5
$75dollar sign, 75 left over from last year. each ticket to the dance costs
$
4
$4dollar sign, 4.

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;

point m is on plane r