Answer:
Step-by-step explanation:
that would be the anwer
The answer is C. 1/2
Hope this helps!
Our P = 100, r = .08, n = 1 (annually means once a year), and t = 15. Filling in accordingly, we have

. Simplifying a bit gives us

and

. Raising that number inside the parenthesis to the 15th power gives us

. Multiplying to finish means that A(t) = $317.22
One of the product rules for exponents was used.

Or, you can consider that the definition of an exponent and the associative and commutative properties of multiplication were used.