Please I need a Hand
How much money was in Caroline's account when it was opened? Explain.

After 2 years, how much money would Caroline have saved? (Hint - convert years to months before solving). To earn full credit, show your work using a method explained in the Orientation.

After 1 month, the balance in Caroline's account increased by $3250 -3100 = $150. There are 12 months in a year, so after 2 years, Caroline will have made 12×2 = 24 additional deposits of $150. Her account value will be ...

24 × monthly deposit + initial balance

= 24 × $150 + $3100 = $3600 +3100 = $6700

Caroline would have saved $6700 after 2 years.

Please I need a Hand *How much money was in Caroline's account when it was opened? Explain. *After 2 years, how much money would Caroline have saved? (Hint - convert years to months before solving). To earn full credit, show your work using a method explained in the Orientation.

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Please I need a Hand
How much money was in Caroline's account when it was opened? Explain.

After 2 years, how much money would Caroline have saved? (Hint - convert years to months before solving). To earn full credit, show your work using a method explained in the Orientation.