Answer:
It equals 420.
Step-by-step explanation:
Answer:
Step-by-step explanation:
Hope this helps
PLZZ MARK BRAINLIEST
Answer:
$11.08 to the nearest penny
Step-by-step explanation:
So I do it like
10.26 is 100 percent
We’re adding 8 percent so technically multiplying by 108
SO 10.26*108 is 11.08 to the nearest penny
It so much easier, easy 1 step
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
#SPJ1
37.68 is the answer
Hope this helped! ^_^
