Answer:
D.
Step-by-step explanation:
Answer:
C. 3 1/20
Step-by-step explanation:
3.05 as a fraction = 3 1/20
Therefore the answer is C.
Answer:
The answers D
Step-by-step explanation:
Hope this helps
Answer:
$3,153.32
Step-by-step explanation:
Given that
The deposited amount is $3,000
The annual interest rate is 1.25%
So, the semi-annual interest rate is 1.25% ÷2 = 0.625%
And, the time period = 4 × 2 = 8
We need to find out the final balance
So,
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $3,000 × (1 + 0.625%)^8
= $3,153.32
Answer: Perpendicular because the second line has a 2/3 slope and starts at 4.
