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2 years ago

13

Karen spent all but $8 of her savings in three stores. In each store she spent $2 less than half of what she had when she went i

n. How much money did Karen have at the start?
Please HELP!

1 answer:

maksim [4K]2 years ago

5 0

Answer:

36 dollars

Step-by-step explanation:

We need to think backwards to solve this question.

(8 - 2) x 2 = 12

(12 - 2) x 2 = 20

(20 - 2) x 2 = 36

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If you would like to know how much money will Gerold have at the end of 5 years, you can calculate this using the following steps:

1 year: $118 + 6% * $118 = 118 + 6/100 * 118 = 118 + 7.08 = $125.08
2 year: $125.08 + 6% * $125.08 = 125.08 + 6/100 * 125.08 = 125.08 + 7.50 = $132.58
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