Answer:
c. 12.48
Step-by-step explanation:
The earnings per share after t years can be modeled by the following equation:

In which E(0) is the earnings last year and r is the growth rate, as a decimal.
Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 9.2% per year. Growth rate maintained.
This means that 
So



If that growth rate were maintained, how many years would it take for Brockman's EPS to triple?
This is t for which E(t) = 3*E(0) = 3*3.50 = 10.50.
So








So the correct answer is:
c. 12.48
The answer is x=15. Hope this helps
The balance is $145 but after one makes he minimum payment of $20, there is $125 left to pay. However interest is added before the next month’s bill is generated.
Remember that percent means out of 100. 1.5% means 1.5/100 = .015
To find 1.5% of 125 we multiply (.015)(125) = 1.875 But as this is money the interest is rounded to two decimal places and so is $1.88
We add this to 125 to get next month’s balance which is 125 + 1.88 = $126.88