Your accountant tells you that if you can continue to earn the current interest rate on your balance of $750 for the next three years, you will have $944.78 in your account. If your accountant is correct, then what is the current interest rate

8%

Explanation:

current balance = $750

Period = 3years

Final amount at the end of the third year = $944.78

Rate =?

Using the compound interest formula :

A = P( 1 + r/n)^nt

Where : A= final amount plus interest

P = principal amount

r = interest rate

t = period

n = number of compounding periods per year = 1

A = P( 1 + r)^t

944.78 = 750(1 + r)^3

Divide both side by 750

944.78/750 = (1+r)^3

1.2597 = (1+r)^3

Take the cube root of both sides

1.07999 = 1+r

r = 1.07999 - 1

r = 0.07999

r = (0.07999) * 100%

r = 7.999% = 8%

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.