Answer:
The approximate monthly rate of growth is 1.24%
Step-by-step explanation:
we have the future value formula

we have
----> annual interest rate
so


Find the approximate monthly rate of growth
Remember that

so
Divide the number of periods t by 12

Applying power rules property



Convert to percentage

therefore
The approximate monthly rate of growth is 1.24%
Answer:
2.50 x 7= 22.50
22.50+10.00 =33.50
total cost :$33.50
Step-by-step explanation:
The AWNSER this particular equation is y=1/3