The value of company stock has a growth factor of 1.15 per year. After 8 years, the stock is worth $60. find the original value of the stock?. round your answer to the nearest dollar.

the answer is c.

step-by-step explanation:

8.75

how-to:

first, we need to find what we have to work with.

since i know that we have 7 (years) and 0.8 (inches), we can use these to solve and find the equation!

secondly, what you want to do, is see that we need to know how much growth out of the 0.8 inches he got in only 1 year, instead of 7 years.

let's try to divide.

7 ÷ 0.8 = 8.75

6-3=3

3*3=9

9+12=21

21/3=7

7*8=56

56 is your answer