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2. Suppose Miss Roxanne Davenport is 25 years old right now and puts away $1,800 per quarter in an account that returns 6% interest. a.
2. Suppose Miss Roxanne Davenport is 25 years old right now and puts away $1,800 per quarter in an account that returns 6% interest. a. [3 pts) How much will be in the account when she turns 65? (Grade breakdown: 1 for correct formula; 1 for plugging in; .5 answer;.5 for reasoning) Replace the italicized words with your image of the solution, answer and explanation. (for question 2a only) b. [1 pt] What is her total contribution to the account? (Grade breakdown: .25 for work; .25 answer; .5 for reasoning) Replace the italicized words with your image of the solution, answer and explanation. (for question 2b only) C. [1 pt] How much interest did she earn? (Grade breakdown: .25 for work; .25 answer;.5 for reasoning)
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