An amount of 25,000 is borrow for 15 years at 5.5% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?

Step-by-step explanation:

Given

Principal amount is 25,000

Time Period is

Rate of interest

Amount in compound interest is given by

Insert the values

Therefore, must be paid back

3/4 ÷ 3/4

step-by-step explanation:

basically divide any proper fraction with itself to fit the criteria.

so if we are using 3/4, then:

3/4 ÷ 3/4 = 1

so 1 is the quotient.

and the numerators for both these fractions is 3.   and if we divide the numerators:

3 ÷ 3 = 1

we see that quotient is equal to our original quotient as well.

hi there!

the answer will be d: 2