Respuesta :

mberisso

Answer:

$7639.12

Step-by-step explanation:

We use the compound formula for accrued value (A) for a principal P deposited at an annual rate "r" over t years

[tex]A = P (1+r)^t[/tex]

In our case, with the given information, the formula becomes:

[tex]A = P (1+r)^t\\A=7500 \,(1.0023)^8\\A = 7639.11602[/tex]

which rounded to the nearest cent gives:  $7639.12

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