Answer:
Mark point E where the circle intersects segment BC
Step-by-step explanation:
Apparently, Bill is using "technology" to perform the same steps that he would use with compass and straightedge. Those steps involve finding a point equidistant from the rays BD and BC. That is generally done by finding the intersection point(s) of circles centered at D and "E", where "E" is the intersection point of the circle B with segment BC.
Bill's next step is to mark point E, so he can use it as the center of one of the circles just described.
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<em>Comment on Bill's "technology"</em>
In the technology I would use for this purpose, the next step would be "select the angle bisector tool."
The answer depends on what type of interest. If you are using compound interest, then the interest is different every year, as the amount you earn goes up because the amount you have in the bank goes up. Simple interest is the opposite, as you earn one amount each year, and it does not change.
So.....
Simple Interest:
0.12 * 150 = 18
18 * 8 = 144
144 + 150 = $294
Compound Interest:
150(1 + 0.12)^8
150 * 1.12^8
150 * 2.475 = $371
First apply the exponent: 3 ^ 2
9
Then we do the multiplication: 4 * 9 = 36
Finally we add
8 + 36 = 44
Hundredths = 7
rounded off = 8.07