Question

Best explained and correct answer gets brainliest.

Answer 1

Your answer would be A because $4800 is your starting number and it increases 2% every year. How much is it in 20 years?

You use the formula ab^x
a is your starting number
b is the percentage
x is always the length of time

Since you are increasing and trying to get its worth larger than what it was before you use a number larger than one hundred percent in this case the number would be 1.02.


Y=4800(1.02)^20
Y=$7132.55