pls help. i need help doing this problem and have been going at it for the longest. this is algebra II.

N in the equation is the number of times it compounds in a year. Since it is compounded yearly n = 1.

A = 1000( 1+ 0.08/1)^(7x1)

A = 1000(1.08)^7

A = $1,713.82

They will have $1.713.82 after 7 years

see explanation

step-by-step explanation:

since the sequence is geometric there is a common ratio r between consecutive terms, that is

r = 4 ÷ - 2 = - 2

r = - 8 ÷ 4 = - 2

r = 16 ÷ 8 = - 2

the next term - 13 must be incorrect as it should be - 32 for the sequence to be geometric.

the first 4 terms are therefore geometric with common ratio r = - 2

so, converting firstly the mixed fractions to improper fractions and then "adding".