Answer:

Step-by-step explanation:
There is <em>one-and-a-half</em> <em>hour</em> in <em>ninety</em><em> </em><em>minutes</em>,<em> </em>so multiply 6 by 15 to get 90, then whatever is done to the bottom is also done to the top, so you <em>square</em> 6 to get 36.
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Use the compound interest formula.
A = P*(1 +r/n)^(n*t)
where P is the principal, r is the annual rate, n is the number of compoundings per year, and t is the number of years.
For the first investment, ...
A = 208,000*(1 +.08/4)^(4*5) = 309,077.06
For the second investment, ...
A = 218,000*(1 +.07/2)^(2*4) = 287,064.37
Totaling both investments at maturity, Megan has $596,141.43.
Answer: LAST OPTION.
Step-by-step explanation:
1. You have the following equation:

2. Then you must solve for x, as following:

Therefore, as you can see above, the answer for the exercise is the last option.