39.0 is the decimal for it
Answer:
Option B.) $8,123.79
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
C
Step-by-step explanation:
<u>Answer:</u>
or 
<u>Step-by-step explanation:</u>
We are given the following function of x and we are to find the value of
:

Substituting the given value (7) in the above function to get:





or 