When you were 10 years old, your grandparents put $500 into an account for you paying 7 percent interest. now that you are 18 years old, your grandparents tell you that you can take the money out of the account. what is the balance to the nearest cent? a. $1,111.77 b. $983.58 c. $1,200.00 d. $859.09?

Formula for CI = p (1+r/100)t

Substituting the given values, we get

Cl = 500 ( 1 + 7 / 100) 8

Cl = 859 .09

The answer is 859.09

1: b     the use of non-standard grammar

2: c     strong and willful.

its correct i took the test have a nice day: )

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.