5. What is the balance in an account opened with $25,000 earning 6% interest compounded yearly
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Hi!
Your answer is the 1st one, <u>36 inches of ribbon.</u>
The question states this is a square picture frame. That means that all the side lengths are the same.
We are given a side length of 6 inches.
In order to find the area of a square, we multiply the length and the width together, but since they are the same value, we are just doing 6 x 6.