I think the answer would be D
Answer:
The final ballance will be $1300.37.
Step-by-step explanation:
In this case we have a compounded interest, in order to calculate the final balance we need to use the following formula:
S = P(1 + r/n)^(n*t)
Where S is the final balance, P is the initial investment, r is the rate of interest, t is the time and n is the rate at which it is compounded. Since we have all the values we can directly apply to the formula as follows:
S = 975.52*(1 + 0.0725/4)^(4*4)
S = 975.52*(1.018125)^(16)
S = 975.52*1.333
S = 1300.37
The final ballance will be $1300.37.
Answer:
95
Step-by-step explanation:
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Answer:
B is a statistical question
Step-by-step explanation:
A and C ask for qualitative data or categorical data
B asks for quantitative data or numerical data
We obviously use numerical data for statistical work, so B is the answer
