$10.71
Explanation
Step 1
you can easily solve this by using a rule of three.
Let
x represents the money Eileen will pay if her bag weighs 63 pounds
the proportion is the same
then

Step 2
solve for x

I hope this helps you
0.7(5x+15)=2.9 -(x+3)
3.5x+10.5=2.9-x-3
3.5x+10.5= -0.1- x
4.5x= -10.6
x= -2.3555...
Check:
0.7(5(-2.3555...) +15) = 2.9 -(x+3)
2.2555... = 2.2555...
Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18