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:
True
Step-by-step explanation:
true ∧ (not false) . . . . . . . has a truth value of <em>True</em>
_____
The "and" operator gives <em>true</em> if all of its operands are <em>true</em>.
Answer:
the experimental probability is Less than the theoretical probability
The answer is F. I counted from the first line to the dot and said 25 the next line to the same amount of lines and so on and so forward.
2 11/16 I believe is the answer