Answer:
6,200.00
Step-by-step explanation:
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 12%/100 = 0.12 per year.
Solving our equation:
A = 5000(1 + (0.12 × 2)) = 6200
A = $6,200.00
It definitely seems right, so you should be good!
Answer: You will save $228 dollars after 12 weeks
In the picture
