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nevsk [136]
3 years ago
10

Karen currently has an account balance of $7,062.25. She opened the account 17 years ago with a deposit of $2,640.95. If the int

erest compounds monthly, what is the interest rate on the account?
Mathematics
1 answer:
Setler79 [48]3 years ago
5 0
The interest rate is 0.4833333%
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d = 9

Step-by-step explanation:

Calculate the slope m using the slope formula and equate to 3

m = \frac{y_{2}-y_{1}  }{x_{2}-x_{1}  }

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