Pls . i need the solution asapan annuity written as a geometric series has r equal to 1.005 . determine the annual interest rate for the annuity if the interest is compounded monthly. the answer says 5% in the textbook.

from the figure we get,

the x axis shows   the months and,

the y-axis shows the number of satisfied customer.

each line or each cell in upward direction (y-axis) shows 500.

the appropriate scale for the y - axis is: -

a = 2000 customers

b = 4000 customers

c = 6000 customers

d = 8000 customers

e = 10000 customers

f = 12000 customers

g = 14000 customers

answer: y=0 if that is what u r looking for

is there more to this question?

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step-by-step explanation:

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