Each year, the current balance is multiplied by 1.07.
After 8 years, we'll have multiplied it by 1.07 eight times.
This can be written as

, which has a value of $34363.72, to the nearest cent.
Is this a true or false question? If so, then the answer is true.
Answer:
The fuel efficiency of Natalie's car is 25 miles per gallon. Which of the following statements are true? Select two that apply.
a. For every mile Natalie travels, she uses 25 gallons.
b. For every gallon Natalie uses, she travels 0.04 miles.
✓c. <u>For every mile Natalie travels, she uses 0.04 gallons.</u>
✓d. <u>For every gallon Natalie uses, she travels 25 miles.</u>
C. and D. are the right answer.