Answer:
$6,506.51
Step-by-step explanation:
Recall that increasing an amount C in x% is equivalent to multiply it by (1+x/100)
As we have 4% APR, the monthly interest would be (4/12)% = 0.04/12
<u>Month 0</u> (first payment)
$250
Month 1

<u>Month 2</u>

<u>Month 3</u>

<u>Month 24 (2 years)</u>

The sum

is the sum of the first 24 terms of a geometric sequence with common ratio
which is

so, after 2 years the saving balance is
250*26.02603071 = 6,506.50767= $6,506.51 rounded to the nearest cent.
Answer:

Step-by-step explanation:
Using the rule of exponents
=
, then
=
= 
Answer: You are finding the capacity of this box so you will need to multiply all the numbers together so 9/10*1/3=3/10 so the answers A.
Step-by-step explanation:
Answer:15 percent
Step-by-step explanation:
(.75) / 5 = 3/20 = 15/100 = 15%