Joaquin hopes to earn $700 in interest in 3.5 years time firm $28,000 that he has available to invest. to decide if it's feasible to do this by investing in an account that compounds monthly, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. what would the annual rate of interest have to be? round to two decimal places.

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step-by-step explanation:

3+3+3+2*2*2+29*12 = 365

step-by-step explanation:

answer: the proof is mentioned below.

step-by-step explanation:

since, given:   lines bc = ef

prove:   lines ac > ef

          statements                                           reason

1. bc=ef                                           1. given

2. ac= ab+bc                                 2. because b is the point between the  

                                                            line segment ac

3.   ac > bc                                       3. because if a line segment is equal to

                                                          the sum of two line segments then it is

                                                          always greater then each of these

                                                          individual line segments

4. ac > ef                                         4. by equality property.

step-by-step explanation: