I will assume it is 2.5% interest rate over 2 years and not per year. If this isn’t the case then let me know.
-
-
Well $1250 divided by 100 = $12.50
This is 1%-
-
-
To make 2.5% we do-> $12.50 x 2.5= $31.25
This makes our interest rate $31.25
-
-
-
-
To get our total amount.....
$1250 + $31.25 = $1281.25
Answer:
Step-by-step explanation:
-1 and 1.
They are both 1 away from 0, meaning that the absolute value of both are 1.