Math 123 Homework 9B – Sec Quantitative Reasoning Exponential Modelin Questions 1-5. Bryan invests $500 in an account earning 4% interest that compounds annually. If he makes no additional deposits or withdrawals, how much will be in the account: 1. After 10 years? (round to the hundredths place) 2. After 15 years? (round to the hundredths place) 3. After 20 years? (round to the hundredths place) 4. After 25 years? (round to the hundredths place) 5. How much will be in the account after 25 years using simple interest?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Math 123
Homework 9B – Sec 9
Quantitative Reasoning
Exponential Modeling
Questions 1-5. Bryan invests $500 in an account earning 4% interest that compounds annually. If he
makes no additional deposits or withdrawals, how much will be in the account:
1. After 10 years? (round to the hundredths place)
2. After 15 years? (round to the hundredths place)
3. After 20 years? (round to the hundredths place)
4. After 25 years? (round to the hundredths place)
5. How much will be in the account after 25 years using simple interest?
Transcribed Image Text:Math 123 Homework 9B – Sec 9 Quantitative Reasoning Exponential Modeling Questions 1-5. Bryan invests $500 in an account earning 4% interest that compounds annually. If he makes no additional deposits or withdrawals, how much will be in the account: 1. After 10 years? (round to the hundredths place) 2. After 15 years? (round to the hundredths place) 3. After 20 years? (round to the hundredths place) 4. After 25 years? (round to the hundredths place) 5. How much will be in the account after 25 years using simple interest?
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