hello,
the first term is 250 so this is the initial invested amount

is to compute 8% annual interest compounded monthly (there are 12 months in a year)
and then multiply by 4 means that it is computed for 4 years so
finally the answer is
$250 is invested at 8% annual interest compounded monthly for 4 years
hope this helps
Answer:
what is the question what are you trying to say?
.3 = 3/10
.5 = 1/2
.05 = 1/20
.25 = 1/4
Explain what u need help with cuz i think i know this