Question

What’s the answer for 1 and 2

Answer 1

Explanation:

1...

1000*0.03=30

so theres an addition $30 added every year

There are 12 months in a year so 30/12=$2.5

He pays $2.5 each month sooooo

2.5*3

would be $7.5 in interest

2...i have no clue im sorry :((((