Answer:
A
Step-by-step explanation:
Answer:
.............................
Step-by-step explanation:
Let's look at what we know. We know that...
P=2000
r=0.04 (Change 4% to a decimal)
t=7 (25 years minus 18 years equals 7)
n=1
Since we are compounding each year, we need to use this equation: 
Now just plug the numbers in: (Answer to #1:) 
This equals 2631.86
When we round, this equals to $2,632. (Answer to #2).
Answer:
5 5/7 acres
Step-by-step explanation:
The product is ...
(2 1/7 acres/section)(2 2/3 sections) = (15/7)(8/3) acres = 40/7 acres
= 5 5/7 acres
The farmer owns 5 5/7 acres of land.