jrodneal13
Cain deposited $6,033 into a savings account 25 years ago. The account has an interest rate of 4.2% and the balance is currently $17,208.63. How often does the interest compound?
daily
monthly
quarterly
annually
@bakonloverk
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bakonloverk
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omg thts wht the last question meant
jrodneal13
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yeah lol this one and the one we couldnt figure out are all i have left
bakonloverk
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you didnt have to give me a medal, i havent solved it yet
jrodneal13
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i know, but even if you dont, youve helped me a bunch
bakonloverk
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well thank you and i think i figured out how to solve tht other question
jrodneal13
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how?
bakonloverk
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you do tht last equation i gave you but then i think u do *.25 after it
jrodneal13
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if you do that, all the numbers become way to low
bakonloverk
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would deviding it by .25 work?
jrodneal13
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nope, numbers get somewhat close, like within a few hundred, but not close enough
bakonloverk
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:( hmm and i was trying an intrest calculator and cant find the answer for the current problem
jrodneal13
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thats what i tried doing as well
bakonloverk
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yea its not helping
jrodneal13
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dang this sucks.. do you have any idea on that bacteria culture growing question?
jrodneal13
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that dude kinda answered it but not really. just confused me
bakonloverk
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i only can think of half of it but then i looked at the choices and my answer wasnt one o the choices
jrodneal13
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okay, i tried guess-n-check on that one too and none of the answers worked for the pattern
bakonloverk
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it doesnt make sense to me
jrodneal13
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dang.. these are my last three questions. only things holding me back right now lol. stupid questions!
bakonloverk
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lol sorry
jrodneal13
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sorry for what? you helpd out alot! thank you!
bakonloverk
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ur welcome but i barely helped, i didnt get any one of ur questions
jrodneal13
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thats alright, it was fun:)
texaschic101
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The answer is monthly
bakonloverk
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lol ig it was, i still wish i could help
jrodneal13
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thanks!
jrodneal13
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its all good!