Idk but give me brainliest it will give you points back
Answer:
You do Thisbe
Step-by-step explanation:
Answer:
The approximate monthly rate of growth is 1.24%
Step-by-step explanation:
we have the future value formula

we have
----> annual interest rate
so


Find the approximate monthly rate of growth
Remember that

so
Divide the number of periods t by 12

Applying power rules property



Convert to percentage

therefore
The approximate monthly rate of growth is 1.24%
5% Of 42,450 (.05*42,450=2,122.5)
2,122.5+42,450=44,572.5
4% of 44,572.5 (.04*44,572.5=1,782.9)
1,782.9+44,572.5=46,355.4
The answer is 46,355.4 miles