Let's call the original amount of money x.
We know that she has 2/5 of the original amount left, and that this is equal to $15.
Therefore, 2/5(x) = 15, and x = $37.50.
Answer:
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Step-by-step explanation:
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The saving plan balance is $3,677.53.
Given that,
- The no of months is 18.
- The annual percentage rate is 3% so the monthly rate percentage is 0.25%.
- And, the monthly payment is $200.
Based on the above information, the following formula should be used:
FVA = PMT× [(1+r)^n - 1] ÷ r
= $200 × [(1+ 0.0025)^18 - 1] ÷ 0.0025
= $3,677.53
Therefore we can conclude that the saving plan balance is $3,677.53.
Learn more: brainly.com/question/14191332
A. Ferocity. Because when a bear comes out of hibernation it's hungry after going without food or water for so long.
