The second option is the answer
Answer:
60
Step-by-step explanation:
It is the fourth round and this is because in round one Katie has 200 and Jenny will have 300.In round two katie will have 400 and Jennifer will have 500.In round 3 Katie will have 600 and and jennifer will have 800.I
Answer:
3 and 4 are complementary because they both add up to 90
Step-by-step explanation:
Step-by-step explanation:
Let's look at what we know. We know that...
P=2000
r=0.04 (Change 4% to a decimal)
t=7 (25 years minus 18 years equals 7)
n=1
Since we are compounding each year, we need to use this equation: 
Now just plug the numbers in: (Answer to #1:) 
This equals 2631.86
When we round, this equals to $2,632. (Answer to #2).