Find the amount of money in an account after 12 years if $4, 000 is deposited at

Question

Find the amount of money in an account after 12 years if $4, 000 is deposited at 6% annual interest compounded monthly. $8, 131 $8, 203 $8, 174 $8, 049 Under ideal conditions, a population of rabbits has an exponential growth rate of 11.9% per day. Consider an initial population of 300 rabbits. Find the exponential growth function. P(t)= 100e 1.19t P(t)= 100e 11.9t P(t) = 300e 0.119t P(t) = 30e 0.119t Solve the equation. If necessary, round to the nearest thousandth. 2 (5x - 3) = 13 1.340 0.740 0.974 0.140 Barbara knows that she will need to buy a new car in 5 years. The car will cost $15, 000 by then. How much should she invest now at 12%, compounded quarterly, so that she will have enough to buy a new car? $8, 305.14 $9, 532.77 $11, 208.87 $7, 599.47 Evaluate l, 200e rt for t = 11 and r = 2%. Round to the nearest cent. $1, 439.28 $7, 505.64 $1, 495.29 $293, 630.32

Explanation / Answer

D. $8049 C. P(t)=300e0.119t A. 1.340 A.8305.14 C. 1495.29

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