Question

Please help! I really need it! It’s math!

Answer 1

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