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:
-48
Step-by-step explanation:
12 x 2=24
12 x 6= 72
24 - 72 = -48
If there is 2 field trips with 23 students and each student costs $5 dollars. So for the 1st trip it will be 23x$5
1st trip- $115
And on the second trip its the same because there is 23 students that cost 5 dollars so it will be 23x5
2nd trip- $115
To find out the total of both trips youd add 115+115/
In total, for both trips it will cost $230 dollars.