Question

Total
Principal
Annual interest 1 Column 2
Interest Periods Column 3
Rate Per Year
5.5%
4
Total number | Amount
of Interest of $1.00
Periods
New
Principal
Time
$2,500.00
2 years
2.)​

Answer 1

Answer:This chart shows that $1,000 is the present value, the future

   value is $5,525, and the number of periods is 6.  

 Want to find the rate, r, that would cause $1,000 to grow to

 $5,525 over a six-year compounding period.

Step-by-step explanation: