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Mathematics, 21.01.2021 14:00 foxesforlife45

How would the situation change if the interest on Emma's credit card were compounded annually rather than monthly, and she didn't make any payments toward the balance? After 4 years, Emma would owe approximately $___ for her original purchase of $300.

It would take around
years for her balance to increase from $300 to $450.

( options for first blank:
A. 480
B. 525
C. 435
D. 545 )

( options for second blank:
E.) 3.1
F.) 2.5
G.) 2.9
H.) 2.7 )

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Answers: 3

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