134k views
5 votes
Please help! I really need it! It’s math!

Please help! I really need it! It’s math!-example-1

1 Answer

7 votes

Answer:

C. $10,659.39

Explanation:

Growing at the rate of 7% per year means the value is multiplied by 1.07 each year. After 5 years, it has been multiplied by that value 5 times, so is ...

$7600×1.07^5 ≈ $10,659.39

User Suneesh Ambatt
by
8.7k points