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Reptile
20 days ago
11

An account with a $250 balance accrues 2% annually. If no deposits or withdrawals are made, which graph can be used to determine

approximately how many years will it take for the balance to be $282?
Mathematics
2 answers:
Inessa [9K]20 days ago
5 0

Answer:

7 years

Step-by-step explanation:

Since a graph isn’t provided, I will indicate how many years are involved, and you should be able to deduce it from this. First, let’s [use a calculator] to find 2% of 250, which equals 5. Adding 5 to the total only slightly impacts 2% of the original amount, changing it by 0.1 or 5/50. We can continue adding 5 until we exceed 282, which occurs after 7 increments, calculated as (285 minus 250) divided by 5. Thus, the answer is indeed 7 years. A quick calculation will confirm this.

Zina [9.1K]20 days ago
4 0

Response:d

Detailed explanation:

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Complete question:

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Refer to the explanation below.

Step-by-step explanation:

Information provided:

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