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sjschool100

November 13, 2018 14:31

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I can't solve question number 38.

I made a expression. 100(1.025)^10-100(1.02)^10

should I multiply 20 times?

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Nuhaa Shaikh

November 14, 2018 05:54
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Tyshaun's money after 10 years:

100(1.025)^10 = 128.01(correct to nearest cent)

Jessica's money after 10 years:

100(1.02)^10 = 121.90 (nearest cent)

Final answer:

128.01 - 121.90 = 6.11

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