21. Nora inherited a savings account that was started by her grandmother 25 years ago. This scenario is modeled by the function A(t) = 5000(1.013)'+25, where A(1) represents the value of the account, in dollars, 1 years after the inheritance. Which function below is equivalent to A(t)? (1) A(t) = 5000[(1.013')]²$ (2) A(t) = 5000[(1.013)'+(1.013)³] (4) A(1) = 5000(1.013)' (1.013)5 (3) A(t) = (5000)' (1.013)25 %3D

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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PLEASEE SHOW WORK THAT IS SHORT AND PLEASE WRITE CLEARLY ON A PAPER SO I CAN UNDERSTAND THE HANDWRITING AND PLEASEE CAN YOU DO IT FAST THANK YOU
21. Nora inherited a savings account that was started by her grandmother
25 years ago. This scenario is modeled by the function A(t) = 5000(1.013)' *25,
where A(1) represents the value of the account, in dollars, 1 years after the
inheritance. Which function below is equivalent to A(t)?
(1) A(t) = 5000[(1.013')]²$
(2) A(t) = 5000[(1.013)'+(1.013)²³] (4) A(1) = 5000(1.013) (1.013)²5
(3) A(t) = (5000)' (1.013)25
%3D
%3D
Transcribed Image Text:21. Nora inherited a savings account that was started by her grandmother 25 years ago. This scenario is modeled by the function A(t) = 5000(1.013)' *25, where A(1) represents the value of the account, in dollars, 1 years after the inheritance. Which function below is equivalent to A(t)? (1) A(t) = 5000[(1.013')]²$ (2) A(t) = 5000[(1.013)'+(1.013)²³] (4) A(1) = 5000(1.013) (1.013)²5 (3) A(t) = (5000)' (1.013)25 %3D %3D
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