Answer:
Step-by-step explanation:
- Deposit = $5000
- Interest rate = 2% simple
- Time = 5 years
<u>Interest amount is:</u>
K = ln (153/147)/7
k =
<span>
ln
(<span>
<span>
1.0408163265)/7
k = </span></span></span>0.040005334584
y(t) = a * e ^ k*t
y(2017) = 147 * e^ <span><span><span>0.040005334584
</span>
</span>
</span>
* 26
y(2017) = 147*e^
<span>
<span>
<span>
1.0401386992
</span>
</span>
</span>
y(2017) = 147*
<span>
<span>
<span>
2.8296094512
</span>
</span>
</span>
<span>y(2017) = 415.95 NOT very sure of that answer
</span>
130.1 because 1 rounds down to 0 it isn't over 5
I need to see the imagine
5 units left and 1 unit up