Answer:
R = 3.057% per year
Step-by-step explanation:
This is a compound interest question
From the question, we have the following information
P = Principal = $1,725.95.
A = Amount after 25 years = $3,703.05
T = Time = 25 years
n = Compounding frequency = compounded monthly = 12
r = interest rate = ???
The formula to calculate the interest rate in a compound interest question =
r = n[(A/P)^1/nt - 1]
r = 12[($3,703.05/$1,725.95)^1/12× 25 - 1]
r = 3.057%
Therefore, the interest rate on the account is 3.057%
Answer:
The number of people in a waiting line is a quantitative data as we can count them.
Step-by-step explanation:
Consider the provided information.
The value of quantitative data can be determined by counting or measuring something.
Now consider the provided options.
The player’s number on a baseball uniform, the serial number on a one-dollar bill and the part number of an inventory item is not a quantitative data because we can't measure them.
The number of people in a waiting line is a quantitative data as we can count them.
Answer:
C
Step-by-step explanation:
30x20=600
The answer is the "y" value of (2, 3),
So the answer is (C), y = 3