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Sliva [168]
3 years ago
10

Which answer is correct

Mathematics
1 answer:
Gelneren [198K]3 years ago
7 0

Answer:

B and D

Step-by-step explanation:

they are irrational numbers and fall between the two numbers...

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The formula A equals =P left parenthesis 1 plus r right parenthesis squared (1+r)2 gives the amount A in dollars that P dollars
vlabodo [156]
The interest rate is 3.5%.

EXPLANATION

We substitute the given values into the formula;

A=P(1+\frac{r}{100})^t

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6427.35=6000(1+\frac{r}{100})^2

We divide through by 6000 to obtain,

\frac{6427.35}{6000}=(1+\frac{r}{100})^2

This implies that,

1.071225=(1+\frac{r}{100})^2

We take the square root of both sides,

\sqrt{1.071225}=(1+\frac{r}{100})

This gives us,

1.035=(1+\frac{r}{100})

Add -1 to both sides of the equation to obtain

0.035=\frac{r}{100}

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