3.4b: i can solve real-world problems using exponential and logarithmic functions.
13. having sold your iphone 7 when you upgraded to the iphone 11, you, a shrewd honors
precalculus student, decide to invest your profit. you invest $300 into an account where
interest compounds continuously at an annual rate of 4%. how much money will you have after
5 years?

answer: i think one of the answer is $150 and $300?

step-by-step explanation:

720 oranges were in the shipment.

the exponential expression to find the value of the cd, in dollars, after t years will be:  

step-by-step explanation:

formula of compound interest:   , where final value after years,   initial value, rate of interest in decimal and number of compounding in a year.

oliver plans to purchase a $1,500 certificate of deposit (cd) at his bank. that means,  

the cd will earn 2.3% interest, compounded semi-annually.

so,   and  

now, plugging these values into the above formula, we will

(rounded to the nearest ten-thousandth)

so, the exponential expression to find the value of the cd, in dollars, after t years will be: