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Three different finance companies declare a fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks' rate of interest. The annual rate of interest offered by the three Companies P, Q, and R over the years are shown by the line graph provided below.
The average annual rate of interest offered for the given period is the highest for
The sum of Company P's interest rate for the 7 years is 54
The sum of Company Q's interest rate for the 7 years is 53
The sum of Company R's interest rate for the 7 years is 56.5
Since the overall sum of Cthe ompany's R's interest rates is highest therefor, the average interest rates also will be higher for Company R.
