Eden finances a purchase of $611.03 by making monthly payments
of $26.17 for 2.5 years. what annual interest rate, compounded
monthly, is she being charged?

Annual rate of interest will be 132.876 %

Step-by-step explanation:

We have given amount which he has to pay A = $611.03

He does a monthly payment of $26.17

So principle amount P = $26.17

Time = 2.5 years

As payment is done monthly so time period = 12×2.5 = 30 periods

Future amount is given by

%

So annual rate will be 11.07×12 = 132.876%

Annual rate of interest will be 132.876 %

i need a picture

step-by-step explanation:

square root of 36/6 = 2.449489743

square root of 16/6 = 1.632993162

square root of 6 = 2.449489743

the answer is square root of 16/6 because the square root of 36/6 is the same answer as square root of 6 = 2.449489743