Answer:
Step-by-step explanation:
Y=8(32)+12
Y=256+12
Y=268 (Sandra)
Y=8(24)+12
Y=192+12
Y=204 (Bela)
204+268=472
He earns $472/month
The correct answer is $1820.
The formula for continuously compounded interest is
A = Pe^(rt), where P is the amount of principal, r is the interest rate expressed as a decimal number, and t is the number of years. Using our information, we have:
A = 950*e^(0.065*10) = 1819.76 ≈ 1820