Question

Could someone help me PLS (need help now)

Answer 1

A = $264.63

Explanation:

`A=P(1+r)^t`

P is the initial value.

R is the appreciation rate.

T is the period

6% = 0.06

`A=176(1+0.06)^7`

`A=176(1.06)^7`

`A=176(1.5036)`

`A=264.6336`

`A=$264.63`