Answer:
A
Step-by-step explanation:
Can't be B and C because it's less than 1. Can't be D because there's a y intercept. Also, I could be wrong
0.05 then divide each number by 50% then simplify or if it’s a small number then just leave it
Answer:
Interest rate is 5.25% a year.
Step-by-step explanation:
r = (1/54)((22252.5/18000) - 1) = 0.004375
r = 0.004375
Convert decimal to percentage
R = 0.004375 * 100 = 0.4375%/month
Calculate annual rate
0.4375%/month × 12 months/year = 5.25% per year.
