Answer:
- Annabella will save $4950.11 after 2 years.
Step-by-step explanation:
<h3>Given</h3>
- Periodic payment P = $200,
- Period t = 2 years,
- Number of compounds, monthly n = 12,
- Interest rate, r = 3.2% = 0.032.
<h3>To find</h3>
- Future value of saving, F
<h3>Solution</h3>
Use periodic compound formula:

Substitute the values and calculate:
rounded
Answer: y= 0.074x + 50.48
Step-by-step explanation:
Think of dividing by 2 splitting it in half, if you round it you get about 1500 then split that in half. it would be around 750.
Answer:
121.021
Step-by-step explanation: