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ruture value. Jack and Jill are saving for a rainy day and decide to put $ 6 5 away in their local bank every year
ruture value. Jack and Jill are saving for a rainy day and decide to put $ away in their local bank every year for the next years. The local UptheHill Bank will pay them on their account.
a If Jack and Jill put the money in the account faithfully at the end of every year, how much will they have in it at the end of years?
b Unfortunately, Jack had an accident in which he sustained head injuries after only years of savings. The medical bill has come to $ Is there enough in the rainyday fund to cover it
a If Jack and Jill put the money in the account faithfully at the end of every year, how much will they have in it at the end of years?
$
Round to the nearest cent.
b How much will they have in the account at the end of years?
$
Round to the nearest cent.
Is there enough in the rainy day fund to cover the medical bill? Select the best response.
A Yes. They have enough money in the rainy day fund to cover the medical bill.
B No They don't have enough money in the rainy day fund to cover the medical bill.
C There is not enough information to answer this question
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