Question

ijijih

Answer 1

soo, the diff is 160 and a year at 4.5% is the interest or extra that you would gain on the difference

Answer 2

P(1+r) sounds about right to me

Answer 3

the interest earned is for the year, not a month

Answer 4

160 + 160 (.045)

160( 1 + .045)

160( 1.045) = total amount in savings

Answer 5

thats what i see it as, might wanna add a zero to make it more centsable

Answer 6

good luck