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:
x²+(1/x²) = 47
Step-by-step explanation:
by identity : (a+b)² = a²+b²+2ab
(x+1/x)²= x²+(1/x)²+2(x)(1/x)
(x+1/x)²= x²+(1/x²)+2....(1)
since : (x²+1)/x = 7
(x²/x) +(1/x) = 7
x + (1/x )= 7
put the value for : x +(1/x) in (1) :
49 = x²+(1/x²)+2
x²+(1/x²) = 47
Pretty low, it’s exactly 0.175
In a linear equation:
-- the highest power of the variable that appears is the first power
-- the equation has one solution at most
In a quadratic equation:
-- the highest power of the variable that appears is the second power
-- the equation has two solutions