Layla opened a savings account and deposited 700.00 as principal the account earns 8%interest compounded annually what is the balance after 6 years

The balance after 6 years is $1110.812026

Step-by-step explanation:

The rule of the compound interest is A = P, where

∵ Layla opened a savings account and deposited $700.00 as principal.

∴ P = 700

∵ The account earns 8% interest compounded annually

∴ r = 8% = 8 ÷ 100 = 0.08

∴ n = 1 ⇒ compounded annually

∵ The time is 6 years

∴ t = 6

→ Substitute these values in the rule above

∵ A = 700

∴ A = 700

∴ A = 1110.812026

∴ The balance after 6 years is $1110.812026

answer:   b

step-by-step explanation:

x2 = 16

x can not be a negative number because 16 is positive

the only answer would be positive 8