It is 7, because you always have to round up if the next decimal is greater than or equal to 5 (depending on where you live).
One question, and no one answered it for you?
Simple,
the answer is....(6,5) Point of Intersection.
I triple checked my work. :)
Answer:
$97,958.42
Step-by-step explanation:
To solve this problem we can use the compound interest formula which is shown below:

<em>P = initial balance
</em>
<em>r = interest rate
</em>
<em>t = time
</em>
<em>
</em>
First change 6.5% to its decimal form:
6.5% ->
-> 0.065
Next plug in the values:


They have to pay back $97,958.42
Answer:
1.42
hope this helps
have a good day :)
Step-by-step explanation: