Markiya deposited $500 in a savings account. the annual interest rate is 2%, and the interest is compounded monthly. write a compound interest function to model this situation. then find the balance in markiya’s account after 4 years.

Janie has $3. she earns $1.20 for each chore she does and can do fractions of chores. she wants to earn enough money to buy a cd for $13.50. write an inequality to determine the number of chores, c, janie could do to have enough money to buy the cd.