It is 28 pounds. This is because all of the others have a ratio of 4:1 while 28 and 5.5 have a ratio of 56:13.
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.
the answer is false hopes this helps
Answer:
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