Answer:$435
Step-by-step explanation:
-Put 7% over 100 to create a fraction form
- Put $775 under the fraction next to the fraction of 7% and 100
- Multiply 775 by 7 which will give you 5,425 divide 5425 by 100 which will give you the amount of $54.25
-Multiply $54.25 by eight to represent the years
-You'll recieve $434.00