Question: i need help on part B. calculator equation only 1 Steven recently won $1 in the scratch-n-play lotto. His banker, Marianne, promises to pay him

i need help on part B. calculator equation only
i need help on part B. calculator equation only 1 Steven recently

1 Steven recently won $1 in the scratch-n-play lotto. His banker, Marianne, promises to pay him 1% per month if he will invest his money in her bank for 6.5 years, 4.44/6.66 points awarded Part A: How much interest will Steven have earned after one year? Note that there are 12 compounding periods in one year. Write your answer as a percent rounded to two decimals, but don't include the percent sign (1.e. 0.1234321 should be written as 12.34). Scored 12.68 % Part B: How much money will Steven have in the bank after 6.5 years? Round your answer to two decimals but don't include the dollar sign. $ 7.32 Part C: Given that Steven earns 1% per month, how many years (not months) would Steven have to wait until he had $800 in the bank account? Round your answer to two decimals. 55.98 years

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