It will take 2 years.

Year 1 :
4% 2.5k = 2.5k/100 × 4 = $100 in interest

$2.5k + $0.1k = $2.6k

Year 2 :
4% 2.6k = 2.6k/100 × 4 = $104 in interest

$100 + $104 = $204 > $200

There may be a simpler way to solve this using a formula for example, but I just solved this step by step. Please feel free to ask if you have any questions

7 0

2 years ago

Molly is baking for the moms and muffins event at her school. She will bake 4 batches of banana muffins. She needs 1 3/4 cups of

garri49 [273]

Part A = She incorrectly add 1 (4/4) with 3/4, so instead of getting 7/4 she got 8/4.
Part B=She needs 28/4 (7) cups for 4 batches because 4/1x7/4=28/4.

7 0

2 years ago

Read 2 more answers

A grocery store sells a bag of 3 oranges for $2.79. How much would it cost for 4 oranges?

Kaylis [27]

Answer:

$3.72

Step-by-step explanation:

Divide $2.79 by 3

$0.93 is the price of one orange

$0.93 times 4 is $3.72

Hope this helps!