PLease help me! Jacob has $7,777 in a savings account. The interest rate is 14%, compounded annually.

To the nearest cent, how much will he have in 2 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Total = Principal * (1 + rate )^ years

Total = 7,777 * 1.14^2

Total = 7,777 * 1.2996

Total = 10,106.99

Step-by-step explanation:

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step-by-step explanation:

$650 per month plus utilities

step-by-step explanation:

just based on the info you gave, it would seem more cost effective to rent at $650 per month plus utilities.   if utilities are, in fact, $150 per month, your monthly living costs would be $800 as opposed to the other option of $825.