Question: Mr . Sweeney has a 1 2 - year - old nephew, Todd, who is trying to save up for a $ 3 0 0

Mr. Sweeney has a 12-year-old nephew, Todd, who is trying to save up for a $300 bike. Mr.
Sweeney wishes to help Todd, but he also wants to teach him a lesson in hard work and the value
of money. Mr. Sweeney and Todd strike the following bargain: each week, Todd will mow the lawn
for Mr. Sweeney, and in return, Mr. Sweeney will deposit $25 in Todd's savings account, which
pays an annual percentage interest rate of 5.2%. How many months will it take Todd to save up
enough money to buy the bike? Assume there are 4 weeks in a month.
a.2.50 months
b.2.15 months
c.3.02 months
d.3.53 months
e.4.08 months
 Mr. Sweeney has a 12-year-old nephew, Todd, who is trying to

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