1. Mr. Davis deposited $1,250 into an account. He made no additional deposits or withdrawals. Mr. Davis earned 4.25% annual simple interest on the money in the account. What was the balance in dollars and cents in Mr. Davis’ account at the end of 4 years? (Use your STAAR chart to find formula)

At the end of 4 years, Mr Davis will have $1462.50 in his account

Step-by-step explanation:

Simple Interest SI = (Principal P × Rate R × Time T)/100

SI = (P × R × T)/100

P = $1250, R = 4.25%, T = 4 years

SI = ($1250 × 4.25 × 4)/100

SI = (21250)/100

SI = $212.50

The balance will therefore be

$1250 + $212.50 = $1462.50

8y^50

step-by-step explanation:

according to this law, when unemployment goes up by 1%, gdp drops by 2%. in the question, unemployment rate goes from 2% to 5%, meaning unemployment goes up by 3%, so the gdp drops by 6%. thus the effect is a drop in gdp by 6%.

step-by-step explanation: