Answer:
$6,506.51
Step-by-step explanation:
Recall that increasing an amount C in x% is equivalent to multiply it by (1+x/100)
As we have 4% APR, the monthly interest would be (4/12)% = 0.04/12
<u>Month 0</u> (first payment)
$250
Month 1

<u>Month 2</u>

<u>Month 3</u>

<u>Month 24 (2 years)</u>

The sum

is the sum of the first 24 terms of a geometric sequence with common ratio
which is

so, after 2 years the saving balance is
250*26.02603071 = 6,506.50767= $6,506.51 rounded to the nearest cent.
<span>going downstream -
t = 14/(2 + v)
going upstream -
t = 7/(2 - v)
14/(2 + v) = 7/(2 - v)
(2 + v)/2 = 2 - v
v = 2/3km/h</span><span>
</span>
Answer: The correct answer is Tyrell, Yen, Hana....its C
Step-by-step explanation: Hope this helped :}