Question

Martin deposits $200 in a savings account that earns 5% annual interest. Four years later, Cary deposits

Answer 1

Answer:

200 + (10 y)

Step-by-step explanation:

martin   200 * 5 and divide by 100 =10 per year interest   240 =M

cary 200 + 10=210 =C

200 + (10 y)

Answer 2

Martin: 200(1.05)^y

Cary: 200(1.05)^y-4

M=1.22C