Solución
One of Krista’s classmates, Steven, has also been saving. His parents opened a compound interest account for him when he was a baby. They made an initial investment of 500 and the account had a 2.5% interest rate. How much more money does Steven have in his account than Krista has in her account, after 18 years?
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
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