Answer: C 2.5%
Step-by-step explanation:
The "Rule of 72" is a easy way to calculate how much time an investment will take to double with a given fixed annual rate of interest.
Just we have to divide 72 by the annual rate of return(r), we can get a rough estimate of how many years it will take to double the initial investment .
Now, in given problem: Let 'r' be the rate of interest
Time to double the amount=29 years
Thus by rule 72 ,

Therefore, C is the right option.
The answer is 36 in simplist form
Answer:
BRIANLIEST PLZ
N = 18.75
M = 22.5
Step-by-step explanation:
Need the ratio of money paid to each. We know how the ratio of time is divided so we can use this ratio to find the amount paid.
T = t1 + t2 = 2.5 + 3 = 5.5
r1 =2.5/5.5
r2 = 3/5.5
Nick = r1 * 41.25 = 18.75
Monica = r2 * 41.25 = 22.5