Question

Please help!

Answer 1

Exponential Growth Formula: $y = b(1+r)^t$

$b = 315\\r = 0.06\\t = 7\\\\y = 315(1+0.06)^7\\y = 315(1.06)^7\\y = 315(1.50363)\\y = 473.64345\\y = 473.64$

After 7 years, she will make $473.64