Moe invested $2250 in a savings plan. It will pay him 4.6% compounded quarterly. How much money, to the nearest cent, will he have in his savings account after 9 years?

Future amount = $3,443 (Approx)

Step-by-step explanation:

Given:

Amount invested(P) = $2,250

Interest rate (r) = 4.6% (Compounded quarterly) = 4.6% / 4 = 0.0115

Number of year (n) = 9 years = 9×4 = 36 quarter

Find:

Future amount = ?

Computation:

Future amount = $3,443 (Approx)

part 1 answer = 8

part 2 answer = 72

step-by-step explanation:

part 1 explanation = add all of the numbers, then divide by how many numbers you have. so, 200/25 = 8.

part 2 explanation = not gonna lie, this is hard to explain, so just google how to do it.

function 2 has a greater rate of change than function 1

function 2 has a greater y-intercept than function 1

step-by-step explanation: