Final answer:
The future value of $7790 at the end of 7 periods with an interest rate of 8 percent is $12,809.98.
Step-by-step explanation:
To find the future value of $7790 at the end of 7 periods with an interest rate of 8 percent, we can use the formula for compound interest:
Future Value = Present Value × (1 + Interest Rate)⊃n
Plugging in the values, we get:
Future Value = $7790 × (1 + 0.08)⊃7 = $12,809.98