The answer: c. 24
1/2 x 24 = 12
Linear decreasing
I haven't learned this is class yet, but I had a bf that taught me this
Answer:
The annual interest he receives is $25000
Step-by-step explanation:
We are given
Mr. Gardener has $300,000 in a deposit account
so,
P=300000
receives 8 1 3 % interest annually
so, r=8 1/3 %
%
time =1 year
so, t=1
now, we can use interest formula

now, we can plug values

now, we can simplify it

So,
The annual interest he receives is $25000