Answer:
The amount that we should deposit in each bank is around $942.
Step-by-step explanation:
Case 1:
A=$1000
n = 12
t = 2
r = 3% or 0.03
p = ?
The compound interest formula is :

Substituting values in the formula;

=> 
=> 

p = $941.84
Case 2:
A=$1000
n = 365
t = 2
r = 3% or 0.03
p = ?

=> 
=>

p = $941.76
The amount that we should deposit in each bank is around $942.
The answer is B. (Elite members earn 3 more points for every dollar spent and are awarded 100 more points per month than a regular memeber).
5.9 is what your answer should be! :) Hope this helps! :)
Answer:
15.65 so round it to 16
Step-by-step explanation:
Add 50 and 63.5 then divide by 7.25
Answer:
5.49
Step-by-step explanation:
5.48<u>9,</u> the number 9 that is underlined is 5 or more so you put that at 0 then it would be 5.48, but since the 8 is also 5 or more and is the hundreths place you round that to 9 giving you 5.49