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Okay so I am guessing the interest is adding into the account. What is 2% of 500. Do you know how to find that?
You should recognize the situation as a Simple Interest crediting method. I = Prt Every time.
^ Okay yeah he is smarter listen to him lol
Add $10 each month. You're almost done. That's what Simple Interest does.
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Part of the study of mathematics is the growth of personal confidence. Once you analyze the situation and provide the correct calculations, just write down the correct results and move on. Stop triple guessing yourself. YOU tell ME if that's how the boxes should be filled in. Does it grow $10 each month?
@PleaseHelpMe55 - Don't delete your comments. They may aide others. No judgment.
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