I can’t do it rn so just dm me later
Answer:
C
Step-by-step explanation:
C, because the second line keeps adding 6 to it and, the third line keeps adding 7.
It would not make sense if you were to do
34
28
The right way is
34
28
Another example is that if you were to subtract by 1 digit by 2
78
1
This is the wrong one
78
1
So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)