Did u find it yet?
If not lmk
Answer:
If I had to guess, I'd say its A.
Answer:
A 9y= 71+117 is the equation
To answer, we project the current balance to future worth.
FV = ($450) x (1 + 0.014)^5
FV = $482.40
Also, we convert the monthly amount to future worth by the equation,
FV = M x ((1 + r)^n - 1) / r)
Substituting,
FV = ($30) x (1 + 0.014)^5 - 1)/0.014)
FV = $152.3
Subtracting the calculated values,
Balance = $482.40 - $152.3
Balance = $328.14
I think the answer is 6 I’m not sure tho