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2 answers:
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Answer:
a) f(t) = 8000(1.015^t)
Step-by-step explanation:
The growth factor is 1 more than the growth rate. Here, the growth rate is 1.5%, so the growth factor is 1 + 0.015 = 1.015. This is the base of the exponential term. Each year that passes causes the balance to be multiplied by this factor, so the exponent is the number of passing years.
f(t) = 8000(1.015^t)
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Answer: first option.
Step-by-step explanation:
Find the common difference d of the arithmetic sequence:
Then the formula for the 101st term is the shown below:
Where:
Substitute values into the formula. Therefore, you obtain: