Argyle has $1000 in his savings account. He wants to save more money. He is

looking at two investment plans. Under plan A, he will increase his account balance

by $200 a year. Under plan B, he will increase his account balance by 15% each year.

How much more will he save with Plan B after 10 years?

A) $1,046

B)$459

C)$131

D)$11

You would use the formula P(1+r/n)^nt=A I explained it in the picture and if the number is growing it is 1+r/n and if it’s not it is 1-r/n. Also if you don’t know the formula you can do it year by year which I also showed but it will take a long time and it’s easy to make a mistake. The answer would be A because if you plug the numbers into the formula you will get 4045.56 for plan b then you subtract 3000 and round, getting 1046. It is the formula of exponential growth/decay if you want to research further.

Answer:

$4034.40

step-by-step explanation:

the perimeter of the field is the sum of the lengths of the four sides:

47 yd + 158 yd + 47 yd + 158 yd = 410 yd

the cost of 3 ft (1 yd) of fence is 3×$3.28 = $9.84.

so the cost of jake's wood perimeter fance is

(410 yd) × ($9.84 /yd) = $4034.40