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miss Akunina [59]
3 years ago
13

Please help meeeeee please please please please please please please please please please please please please please please ple

ase please please please please please please please please please please please please please please please please please please please please please please please please please please please ik it’s kinda late

Mathematics
1 answer:
jeyben [28]3 years ago
7 0

Answer:

A.

Step-by-step explanation:

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Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5

First step is to determine Jerry total deposit

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Total deposit= $144

Now let determine what the correct balance will be at end of two years

Using this formula

Maximum Amount=Principal (1+r)^t

<em>Where</em>:

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r=4.8%/12 = 0.4% or 0.004

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Let plug in the formula

Maximum Balance = $144 (1.004)^24

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Based on the above calculation both Jerry $100 and Benny $163 balance are  ​eliminated or rule out because the correct balance after two years is $158.5

Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5

Learn more here:

brainly.com/question/3658861

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I think it would be

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