Given:
Principal amount = 5,000
interest rate = 6.25%
number of times the interest is compounded per year; 12 times, monthly
terms = number of years; 5 years, 60 months
A = P (1 + r/n)^nt
A = 5,000 (1 + .0625/12)^12*5
A = 5,000 (1 + 0.005)⁶⁰
A = 5,000 (1.35)
A = 6,750
6,750 / 60 months = 112.50 per month
Answer:
They were poor, had lowpaying jobs like yard workers and servants, usually dropped out of school to help their families, and had small homes with typically lots of siblings
1. A
2. B
Puck magazine criticized the government many times.
Britian because america at the time was still not powerful enough to fight it alone without the help of the french soldiers
