Make a common denominator, which could be 10. so, to make the first numbers denominator equal, you multiply it by 2. Then you also have to multiply the top number by 2. So, 3/5 = 6/10, which is less than 7/10
The balance after 8 years is $22,942.67
<h3>
What is the balance after 8 years?</h3>
We know that the savings account earns 15% annually, and the initial deposit is $7500, then the balance as a function of time in years is:
B = $7500*(1 + 15%/100%)^t
B = $7500*(1.15)^t
The balance after 8 years is what we get when we evaluate the above function in t = 8, so we get:
B = $7500*(1.15)^8 = $22,942.67
So the correct option is the last one.
If you want to learn more about exponentials:
brainly.com/question/2456547
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Answer:
$972
Step-by-step explanation:
900 * 0.08 = 72
900 + 72 = 972
Hope this helped, let me know if you need a better explanation!
Answer:
65.91078
Step-by-step explanation:
You add the two decimals, that gives you two decimals. Use those two decimals and place them to the right of the answer. =0)
Answer:
Red
Step-by-step explanation:
You may have forgotten to add another pic.
