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:
Step-by-step explanation:
1. x+6=14
14-6=8
x=8
2. 15/x=3
15/3=x
x=5
3. 7*x=56
56/7=8
x=8
4. x^2-4=12
x=4, x=-4
5. 1/4x=10
x/4 = 10
x = 40
6. 3x-9=18
x=9
7. 1/2x-10=14
x/2-10=14
x=48
8.x/8=9
8*9=72
x=72
9.2x+3=24
2x=21
x=21/2
10.20*x=140
140/20=7
x=7
Answer:
Step-by-step explanation:
Using a point (4, -4) and the slope of the line that passes through it, m = -⁵/2, we can generate an equation by using the point-slope form equation of a line given as y - b = m(x - a).
Where,
(a, b) = (4, -4)
m = -⁵/2
Plug in the values
y - (-4) = -⁵/2(x - 4)
y + 4 = (-5x + 20)/2
Multiply both sides by 2
2y + 8 = -5x + 20
Subtract both sides by 8
2y = -5x + 20 - 8
2y = -5x + 12
Divide both sides by 2
y = -⁵/2x + 12/2
(equation in slope-intercept form)
Answer:
The first is B.(second)
The second answer is C.(Third)
