you have an investment that is increasing at a rate of 2% per month if you have $700 invested today how much will you have two years from now

a

step-by-step explanation:

the denominator cannot be the same as one of the factors.

8 denominator times 2 denominator = 16

and 7 numerator time 11 = 77

77/16= 77/16 ( they cannot be further simplified)

soo this can be solve by using the formula:

f = p( 1 + i)^ n

where f is the future profit

p is the initial profit

i is the percent increase

n is the number of years

a . f = 30000 ( 1.05)^n

b. f = 30000 ( 1.05)^15

f = $62,368