Lauren simplified the expression (m Superscript negative 7 Baseline) Superscript negative 5 as shown. (m Superscript negative 7 Baseline) Superscript negative 5 = m Superscript negative 7 + (negative 5) Baseline = m Superscript negative 12 Baseline = StartFraction 1 Over m Superscript 12 Baseline EndFraction

Which statement explains Lauren’s error?

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

7. d. 64

8. i. 32

9. c. 125

10. j. none of the above

11. d. 81

12. i. 216

13. e. none of the above

14. g. 240

15. e. none of the above

16. g. 32

17.   e. none of the above