Answer: it’s the second one
Step-by-step explanation:
First we want to find how much it costs for 1 stamp, so we do 8.28 divided by 18, which equals 0.46. Then, we multiply 0.46 and 12, which is 5.52. Therefore, it would cost $5.52 to buy 12 stamps.
Joe would be paying $700 in 5 years time.
Explanation:
($2,000)(0.07/year)(5 years)
= ($2,000)(0.07)(5)
= $700