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:
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Answer:
Step-by-step explanation:
Given is a system of equations as

We have 5 variables and 3 equations
a) coefficient matrix of this system is
1 -4 0 -1 0\\
0 1 0 -2 0\\
0 0 0 1 2\\
We find that x3 has no coefficient in any of the equations so we can omit x3 and write as equations for 4 variables as
1 -4 -1 0\\
0 1 -2 0\\
0 0 1 2\\
b) Augmented matrix is
1 -4 -1 0\\ 7
0 1 -2 0\\
3
0 0 1 2\\3
c) For row operations to ehelon form
we can do R1+4R2 = R1
We get
1 0 -9 0 \\ 19
0 1 -2 0 \\ 3
0 0 1 2 \\ 3
Now let us do R1 = R1+9R3 and R2 = R2+2R3
1 0 0 0 \\ 46
0 1 0 0 \\ 9
0 0 1 2 \\ 3
d) We find that there are infinite solutions to the system in parametric form, since x4 and x5 are linked with only one equation
e) x1 = 46, x2 = 9, x4+2x5 =3
Or x1 =46, x2 =9, x4 = 3-2x5, x5 = x5 is the parametric solution
Answer:
C
Step-by-step explanation:
basically to determine whether or not it is a function look at the graphs and if there are multiple points with the same x value then it is not a function. Only C has points on different x values.