Answer: $32,207,620.36
Explanation:
What you need to do is use the formula A = P(1+r)^n
A = Your answer
P = Is the amount Jodi started with.
R = Is the annual interest
N = Number of years
Then plug in your numbers. Always make sure you use PEMDAS. This means parenthesis, exponents, multiplication, division, addition, and subtraction. You always start with the things in the parenthesis and go on down the list. Once you finish the (1 + (1.8)) = 2.8 you will have. A = 8,535 (2.8)^8. You then multiply 2.8 with the exponent 8. Then multiply 8,535 and your answer for 2.8 times 8 and you get your answer.
Good luck on other questions kid