Answer:
Around $11351.49
Step-by-step explanation:
To find this answer, you need to understand how the growth works. Every year, the price increases by 7.5%, which is the same as multiplying the price by 1.075. Multiplying something by itself a certain amount of times is called exponentiation, and [tex]1.075^4\cdot 8500.00 \approx \$11351.49[/tex]. Hope this helps!
