Answer:
C
Step-by-step explanation:
Answer:
$268.78
Step-by-step explanation:
We will use the compound interest formula to solve this:

<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
First, change 3% into its decimal form:
3% ->
-> 0.03
Now, plug in the values:


After 10 years, you will have $268.78
See the photo attached. The boxed answer is the corrected answer
Wait how would you even do this?
It is a linear graph that goes down $1500 every hint so at 8 hints the contestant will win $0.