Sofia and Elena want to save money. They each make a plan to save 2000 pesos a month for the next 10 years. Sofia puts her savings into a clay pot each month. Elaina puts her savings into a bank account paying 2.5% interest. At the end of 10 years how would you expect the totals saved to compare?Group of answer choicesElena's total will likely be more than ten times Sofia's total because of the time of the savings.Sofia's total will likely be much greater than Elena's total because of the safety her savings have.Elena's total will likely be 30000 or more pesos greater than Sofia's total because of the interest her savings accrue.Elena's total will be 2.5% greater than Elena's total because the interestSofia's total and Elena's total are likely similar if not the same.

Adam and Enzo want to save money. They each make a plan to save 200 Euro a month for the next 10 years. Adam puts his savings into a box each month. Enzo puts his savings into a bank account paying 2.5% interest. At the end of 10 years how would you expect the totals saved to compare?Group of answer choicesAdam's total will likely be much greater than Enzo's total because of the safety his savings have.Adam's total and Enzo's total are likely similar if not the same.Enzo's total will be 2.5% greater than Adam's total because the interestEnzo's total will likely be more than ten times Adam's total because of the time of the savings.Enzo's total will likely be 3000 or more Euro greater than Adam's total because of the interest his savings accru

Ayra and Zimi each want to save money. They each make a plan to save 200 Euro a month for the next 10 years. Ayra puts her savings into a box each month. Ximi puts her savings into a bank account paying 2.5% interest. At the end of 10 years how would you expect the totals saved to compare?Group of answer choicesZimi's total will be 2.5% greater than Ayra's total because the interestZimi's total will likely be more than ten times Ayra's total because of the time of the savings.Zimi's total will likely be 3000 or more Euros greater than Ayra's total because of the interest her savings accrue.Ayra's total will likely be much greater than Zimi's total because of the safety her savings have.Ayra's total and Zimi's total are likely similar if not the same

Akua and Dofi each want to save money. They each make a plan to save $100 Euro a month for the next 10 years. Akua puts his savings into a box each month. Dofi puts his savings into an account paying 4.5% interest. At the end of 10 years how would you expect the totals saved to compare?Group of answer choicesAkua's total and Dofi's total are likely similar if not the same.Dofi's total will be 4.5% greater than Akua's total because the interestAkua's total will likely be much greater than Dofi's total because of the safety his savings have.Dofi's total will likely be 3000 or more Euro greater than Akua's total because of the interest his savings gain.Dofi's total will likely be more than ten times Akua's total because of the time of the savings.

1. Tom decides to save money to buy his dream car. He deposits $8,000 into a savings account with an annual interest rate of 6%. Calculate the simple interest after 3 years.*4 points$1,140$1,240$1,340$1,4402. Emily starts saving for her college education by depositing $12,000 into an education fund with an annual interest rate of 5%. Calculate the simple interest after 4 years.*4 points$1,400$2,400$3,400$4,4003. Mark is saving for a home renovation project. He deposits $15,000 into a savings account with an annual interest rate of 8%. Calculate the total amount after 2.5 years.*4 points$12,000$14,000$16,000$18,0004. Alex invests $25,000 in a small business with an annual interest rate of 9%. Calculate the simple interest after 2 years.*4 points$1,500$2,500$3,500$4,5005. A group of friends (5 members) decides to start a vacation savings club. Each friend contributes $500 to the club every year, and the total amount is deposited into a savings account with an annual interest rate of 4%. Calculate the total amount in the savings account after 5 years.*4 points$1,000$2,000$3,000$4,000

Alejandro saves 27000 pesos each month. Use the chart and trendline below to select the most correct conclusion.Group of answer choicesAlejandro's savings at 10 months could total 270000.An exponential trendline would be a better fit for representing the relationship between months and pesos saved.Alejandro can never save 300000 pesos.Saving a greater amount of Pesos causes more months to pass.