You invest $25/month at a rate of 3.25% apr compounded monthly for 30 years. what is the total interest earned and final balance?

The total interest earned is 40.75 and the final balance is 65.75

Solution:

Given, principle amount P = 25

Interest rate

Times compounded per year n = 12

Time in years t = 30

On substituting the values we get

Interest I = A - P [since, A = P+I]

connie < felicia < stew

step-by-step explanation:

stew:

we need to find the slope

m = (y2-y1)/ (x2-x1)

    = (2650-795)/(10-3)

    = 1855/7

265 words per minute

connie:

we need to find the slope

m = (y2-y1)/ (x2-x1)

we have two points (0,0) and (4,800)

m = (800-0)/(4-0)

  m = 800/4

    200 words per minute

felicia:

260 words per minute

200< 260 < 265

connie < felicia < stew

answer: my brother can figure it out, imma go get him so i can answer : ) edit: my brother is sleeping, sorry man

step-by-step explanation: