Question

Please help!!!! I desperately need the correct answer I’ve been trying all day!

Answer 1

Answer:14708

Step-by-step explanation:Exponential Functions:

y=abxy=ab^x this is not right      not correct

y=ab

x

a=starting value = 13000a=\text{starting value = }13000

a=starting value = 13000

r=rate = 2.5%=0.025r=\text{rate = }2.5\% = 0.025

r=rate = 2.5%=0.025

Exponential Growth:\text{Exponential Growth:}

Exponential Growth:

b=1+r=1+0.025=1.025b=1+r=1+0.025=1.025

b=1+r=1+0.025=1.025

Write Exponential Function:

y=13000(1.025)xy=13000(1.025)^x

y=13000(1.025)

x

Put it all together

Plug in time for x:\text{Plug in time for x:}

Plug in time for x:

y=13000(1.025)5y=13000(1.025)^{5}

y=13000(1.025)

5

y=14708.30677y= 14708.30677

y=14708.30677

Evaluate

y≈14708y\approx 14708

y≈14708

Answer 2

Answer:

Try 580,148.02

Step-by-step explanation: