Raymond B. answered 04/30/23
Math, microeconomics or criminal justice
11,755=8000(1.08)^t
t=almost 5
year 2000: 8000
year 2001: 8000(1.08)=8640
year 2002: 8000(1.08)^2=9331.2
year 2003: 10078
year 2004: 10,884
year 2005: 11,754.62461= almost 11755