Answer:
Approximately $594.38
Step-by-step explanation:
Use the formula: y = a(1 + r)^t
a is the initial amount
r is the percent of interest in decimal form
t is the time in years
y is the money after t years
Substitute the values given in the problem into the equation:
400(1+0.02)^20
Use a calculator or solve manually
Around 594.38
Option b :) if you are increasing you will be earning more which will help the reach they’re goal
The amount remaining out the money earned is $37.5
<h3>Sum of values and proportion</h3>
Given the following parameters
Amount earned by kevin = $80
If he spent $68/5 on shopping, $51/2 on food, and $22/5 for taxi, the total money spent is given as;
Total money spent = 51/2 + 68/5 + 22/5
Total money spent = 51/2 + 90/5
Total money spent = 25.5 + 18
Total money spent = 43.5
Amount remaining = 80. - 43.5
Amount remaining = 37.5
Hence the amount remaining out the money earned is $37.5
Learn more on difference here: brainly.com/question/148825
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Answer:
D
Step-by-step explanation:
