Bianca's bank offers a savings account with a 2.1% APR,
compounded monthly. The the actual annual percentage yield on this account can
be calculated using i = (1+ r/m)^m, where i is the actual APR, r is the nominal
interest rate and m the compounding period in a year. APR is equal to 2.12%
The level of radioactivity in the soil is decreasing by a factor of 1/2 each month
The answer is B
Not sure but sorry if wrong, I can explain how I got it if you want
As per the problem,
Rhonda bought a new laptop for $800.
The laptop depreciates, or loses, 20% of its value each year.
The value of the laptop at a later time can be found using the formula

Here we have
P=$800
r=20%=0.20
t=2 years
Substitute the values in equation (1) we get

The laptop be worth in two years will be $512.