The common ratio is the multiplication of 2 each time. 5x2= 10// 10x2=20// 20x2=40
4 rows becsuse 261 × 4 = 1044. hop it helped
12 years if interest is paid yearly
12 months if interest is paid monthly
Step-by-step explanation:
2.75% of $1500 is $41.25 interest per period
$1995-$1500 = $495 total interest
$495 ÷ $41.25 = 12 periods
Therefore it takes 12 interest periods to reach $1995, so the answer is 12 months or 12 years depending on how often interest is paid.
