Use the formula b = p(1.08)n to find the balance b (in dollars and cents) for a principal p invested at a compound interest rate of 8% for n years. $50 invested for 5 years a. $83.67 c. $67.34 b. $101.24 d. $73.47

Option D.  

Step-by-step explanation:

In this problem

we have    

where  

B is the Final Investment Value   or a Balance

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

in this problem we have  

substitute in the formula above  

circle area = pi * radius^2

if diameter = 10 then radius = 5

circle area = pi * 5^2

circle area = pi * 25

circle area = 78.5398163397 square units

step-by-step explanation:

2/3

step-by-step explanation: