In seven years, Sera's son Stu is leaving home for college. Sera hopes to save $8000 to help pay for his first year. She has $5000 now and found a bank that pays 7.75% interest, compounded daily. At this rate, will she have enough money she needs for Stu's college?

answer: i believe its b. if you sound out the sentences that sounds wrong.

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!

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step-by-step explanation:

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j

gh

hnh

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i dont know

step-by-step explanation:

the reason i dont know is because i have not taken this class and for that reason i haven't learned this stuff

hope i could