The pirerras are planning to go to europe 2 years from now and have agreed to set aside $110/month for their trip. if they deposit this money at the end of each month into a savings account paying interest at the rate of 6.5%/year compounded monthly, how much money will be in their travel fund at the end of the second year? (round your answer to the nearest cent.)

$2811.6

Explanation:

If we calculate monthly interest earning : interest = $110 × 6.5% / 100%= $7.15. So monthly earning from their deposit is $7.15, thus annually is 12×$7.15= $85.8 . Given 2-year period, it leads to $85.8×2= $171.6 earning. We deposit $110 each month and at the end of 2 years our deposit will be $110×24= $2640. With compounding our deposit and the interest earning we find  $2640 + $171.6= $2811.6

i think the answer is a. dependable person

i hope this is right!

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.