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1 answer:
The compound interest will be equal to $13.57.
<h3>What is compound interest?</h3>The interest on a loan or deposit that accrues on both the initial principal and the accumulated interest from prior periods is known as compound interest.
The compound interest will be calculated by:-
CI = $13.57
Therefore the compound interest will be equal to $13.57.
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Answer:
A.
Step-by-step explanation:
We are given,
The table representing the closing prices of stock for the last five days is,
Day Value
1 472.08
2 454.26
3 444.95
4 439.49
5 436.55
Using the linear regression calculator, we have that,
<h3>The linear equation that best fits the data isThus, option A is correct.
