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%
The correct answers are 1. C, 2. C, 3. D, 4. D, 5. D
Answer:
1/27
Step-by-step explanation:
The outcomes when rolling a die are 1,2,3,4,5,6
getting less than 3 = 1,2
P( less than 3) = outcomes of less than 3 / total
= 2/6 = 1/3
Since the events are independent we can multiply the probabilities
P( less than 3, less than 3, less than 3) = 1/3 * 1/3*1/3 = 1/27
Answer:
It is x=−92 .
Step-by-step explanation:
The answer is the third choic, or the line with the same slope.
