It means that it is a rate that is decreasing or declining.
Answer:
$395.61
Step-by-step explanation:
The formula for simple interest is:

Where
i is the interest amount
P is the principal amount
r is the rate of interest per time period
t is the time period
Here,
P = 4869
we want to find after 30 months, that converted to years is:
30/12 = 2.5 years
t = 2.5
The annual rate is 3.25% = 0.0325
Now, substituting, we find our answer:

The interest earned is <u>$395.61</u>
Answer: 7/8
Step-by-step explanation:
think of each faction as a pie or pizza.
each one will have the number of slices as the bottom number of the fraction.
now shade in the top numbers and see if it more than your 1/2
you will see 7/8 is the answer since it will be one piece left from being complete or "gone"
hope this helped angel!!