Answer:
200%
Step-by-step explanation:
2 multiplied by 100
It’s b because n equals weeks so after the first week he has given back five dollars because 5 time 1 is 5.
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So sorry idek the answer i need points
Oliver withdraws an amount of $285.10 from his saving account
His saving account earns 1.8% annually
The interest Oliver could have earned in five months:
Monthly interest = Annual interest ÷ 12
Monthly interest = 1.8% ÷ 12
Monthly interest = 0.018 ÷ 12 = 3/2000
After five months = Principle × (1 + interest)ⁿ
After five months = 285.10 × (1 + 0.018)⁵
After five months = 311.70
Interest earned = 311.70 - 285.10 = $26.60