Hi I think it is 83,023,007
Here is the formula you'll need
Total = Principal * (1 + (rate/n))^n*years
I don't know how to solve that for "n" so we'll use trial and error.
If compounded annually, total =
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10,841.24
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</span>
If compounded quarterly, total =
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10,955.64
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</span></span><span>If compounded monthly, total =
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10,981.82
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</span>
</span>
If compounded daily, total =
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<span>
10,994.58
</span>
</span>
</span>
Therefore the answer is "A", daily.
Source:
http://www.1728.org/compint3.htm
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Step-by-step explanation:
It is given that,
Sam opened a savings account with a deposit of $50. Every month after that, he deposited $20 more.
It is not a proportional relationship. As initial amount was $50 and every month he deposited $20 more. The ratio is not constant for the deposited amounts.
To make the relationship proportional, he must start with zero balance and then should have deposited $20 every month.
Y= 40 x is the answer, hope this helped.
4,5,9,10
just add two to each number
