Question

1. $350 at 5% for 4 years

Answer 1

I around up: the anwer I got was 425.43

Explanation:

Answer 2

285 $

Explanation:

350 *
`0.95^4`

0.95 if the amount of money is going down if the amount of money is going up it will be 350 * 1.05^4

If it is decreasing subtract 5% from 100% and if its increasing add 5% to 100%.