Answer:
26
Step-by-step explanation:
the answer is 26
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
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Answer:
$0.63
Step-by-step explanation:
Raoul saves $14.50 each month for 3 months. Total amount saved is 14.50 * 3 = $43.50
He earned an interest of $0.33.
The total amount of money he has is thus: 43.50 + 0.33 = $43.83
Hector puts $3.60 each week for 12 weeks. Total amount save by Hector is thus 3.60 * 12 = $43.2
Now we are asked to get how much money Raoul has. To get this, we simply subtract the amount of money Hector has from that of Raoul
That would be 43.83 - 43.2 = $0.63
