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Unknown problem no. 12 Mads is 13 years old and wants to save money to buy a new computer that costs 7,900 DKK at the
Unknown problem no. 12 Mads is 13 years old and wants to save money to buy a new computer that costs 7,900 DKK at the time of purchase. He therefore decides to deposit DKK 375 at the end of each month for 24 months on a bank account giving an interest rate of 0.5% calculated annually. The first payment is made in exactly one month. In which interval is given the balance (in DKK 1,000) on the account after 24 months?
Unknown problem no. 12 Mads is 13 years old and wants to save money to buy a new computer that costs 7,900 DKK at the time of purchase. He therefore decides to deposit DKK 375 at the end of each month for 24 months on a bank account giving an interest rate of 0.5% calculated annually. The first payment is made in exactly one month. In which interval is given the balance in DKK 1,000) on the account after 24 months? A. 17.80; 8.10) B. 110.40; 10.50] C. 19.75; 9.85] 110.70 ; 10.90] E. [11.10; 11.30] *F. 18,90 ; 9,20] DStep by Step Solution
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