Mia deposits 500$ into a savings account. The table below represents the amount of money in her savings account over time. How m

Question

svetlana [45]

3 years ago

14

Mia deposits 500$ into a savings account. The table below represents the amount of money in her savings account over time. How m

uch money will she have after 6 years?

Mathematics

1 answer:

Semenov [28] · Answer 1 · 2022-08-05T10:45:45+03:00

Answer:

The answer is D, $885.78

Step-by-step explanation:

If you use the calculator, then you can see that the money increases by 0.1% each year. For example, if you do 550*0.1 you get 55. add that to the 550 and you get 605, the second year's amount. If you keep doing this, when you get to year 6, you get 885.7805, or in money, $885.78! That's a lot of money!!! Hope this helps!