<em>Answer:</em>

<em>Step-by-step explanation:</em>

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Answer: (i) A = 2500 (
(ii) A =$ 4,974.47
Step-by-step explanation:'
The exponential function is given as :
A = P
Where :
A = amount
P = principal
r = rate %
n = number of years
substituting , the exponential function to model the situation becomes
A = 2500 (
(ii) when n = 20 , the Amount becomes
A = 2500(
A =$ 4,974.47
Step-by-step explanation below
If you are asked to find the 85th percentile, you are being asked to find a data value associated with an area of 0.85 to its left.
Percentile is a measure used in statistics indicating the value below which a given percentage of observations in a group of observations fall. For example, the 30 th percentile is the value below which 20% of the observations may be found.