Leo is looking at two different savings plans. The first plan requires an initial deposit of $500 and grows at an annual interest rate of 2.5%. The second plan requires an initial deposit of $400 and interest grows continuously at a rate of 2% per year. Leo wrote a system of equations to represent the account balance of either plan, y, after x years. Which two equations are part of the system?

3rd Option and 4th Option

Step-by-step explanation:

Note: The options to the question is attached as picture below

1st case

Initial deposit (P) = 500

Annual interest rare (r) = 2.5%

Account balance after x years, y = P(1+r/100)×

y = 500(1+2.5/100)×

y = 500(1+0.025)×

y = 500(1.025)× ----- 3rd option

2nd case

Initial deposit (P) = 400

Annual interest rare (r) = 2%

Account balance after x years, y = P(1+r/100)×

y = 400(1+2/100)×

y = 400(1+0.02)×

y = 400(1.02)× ---- 4th option

3rd and 6th option.

Step-by-step explanation:

is means division by fractions

step-by-step explanation:

1. 3.4/4

2. 0.8/7

3. 0.5 x 3

4. 0.9 x 6

5. 10.8

6. 2.35

7. 0.567

8. 9.35

9. 0.02

10. 0.06

11. 0.16

12. 0.42

13. 0.63

14. 5.6

15. 8.1

16. 9.9

17. 0.28

18. 0.48

19. 0.27

20. 0.49

21. 0.45

22. 0.72

23. 0.9

24. 0.88

25. 0.75

26. 0.16

27. 0.328

28. 0.495

29. 0.72

30. 1.068