Answer:
$375.49
Step-by-step explanation:
- This question tests our knowledge of annuities
-Given the desired final amount is $25,000, the term is n=25 and the interest rate is 4%, the principal amount invested can be calculated as:
Hence, the annual deposits are $375.49
The answers would be:7) y=-0.5x+28) y=-0.5x+29) y=0.6x-210) y=6x-4
B or second option.