Answer:
2.0625
Step-by-step explanation:
Convert the fraction to a decimal by dividing the numerator by the denominator.
Answer:
the answer is 6 I think sorry if its wrong
Answer:
$172,984.44
Step-by-step explanation:
We can use the formula
to compute the final amount
Here P is the principal amount, the original deposit = $25,000
r is the annual interest rate = 6.5% = 0.065 in decimal
n is the number of times the compounding takes place. Here it is quarterly so it is 4 times a year
t is the number of time periods ie 30 years
A is the accrued amount ie principal + interest
Computing different components,



Therefore

Answer:
90
Step-by-step explanation: