Sana's mother bought produce for Sunday dinner. She bought one more pound of peaches than of tomatoes. She bought 3 times as man
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Answer:
$57,369
Step-by-step explanation:
We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.
To solve our given problem we will use compound interest formula.\
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given rate in decimal form.
Upon substituting our given values in compound interest formula we will get,
Therefore, an amount of $57,369 will be in the account after 4 years.
The population size after 6 years and after 8 years are 147 and 169 population respectively
<h3>Exponential functions</h3>The standard exponential function is expressed as y = ab^x
where
a is the base
x is the exponent
Given the function that represents the population size P (t) of the species as shown;
For the population size after 6 years
For the population after 8 years
Hence the population size after 6 years and after 8 years are 147 and 169 population respectively
Learn more on exponential function here: brainly.com/question/2456547
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