Answer:
1/4 = 0.25
Step-by-step explanation:
The answer to this question is 98000
I know my math and your answer is going to be A.
Answer:
Step-by-step explanation:
Given data
Principal = $2500
time t= 2 years
Required
the rate r
Given the expression for the balance 2500(1+r)^2
Hence
we can make r subject of formula
Hence, for any value of A, we can find the rate using the expression above