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:
The answer is B or -3.132
Step-by-step explanation:
You are multiplying 2 negatives and a positive, so it guarantees it will be negative! Hope this helps!
Answer:1122
Step-by-step explanation:
Hve to work out the general equation first by calculating the common difference-16.
Answer:
Step-by-step explanation:
<u>Circumference formula:</u>
Given r = 6 cm
<u>Circumference is:</u>
Correct choice is C
Answer:
3:5
Step-by-step explanation:
first half : 9
second half : 15
9:15 = 3:5
