Answer:
The annual rate of interest is 2.56%
Step-by-step explanation:
Given as :
Principal Amount investing every week = $25
Principal Amount investing in 5 years = $25 × 5 × 52 = p = $6500
The Amount adds after 5 years = A = $7380
Time period = t = 5 years
Let annual rate of interest = r %
<u>Now, According to question</u>
Amount after 5 years = Principal ×
Or, A = p ×
Or, $7380 = $6500 ×
Or, =
Or, 1.135 =
Or, = 1 +
Or, 1.0256 = 1 +
Or, 1.0256 - 1 =
Or, 0.0256 =
∴ r = 0.0256 × 100
i.e r = 2.56
So, The rate of interest = r = 2.56
Hence, The annual rate of interest is 2.56% Answer
Answer:
your answer would be 330
Step-by-step explanation:
Answer:
27
Step-by-step explanation:
f(x) is the same as y
if x=5 then you will multiply 5 by 4 which will give you 20
20 + 7 = 27
Answer:
10
Step-by-step explanation:
when you divide 80.88 by 8.425 you get 9.6
and since youre rounding, you can round up 6 because its higher than 5
and your final answer should be 10.
hoped this helped! :)