4. Sally Jones had a policy with a $250 deductible which paid 80% of her covered charges less deductible. She had medical expenses of $18,240.00. What is Sally's total cost? $3,000
$3,848
$18,000
$250

60%

it’s the first one your welcome

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of