Naomi has $30 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much will she have in 2 years?

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answer: on graphs, the open and closed circles, or vertical asymptotes drawn as dashed lines us identify discontinuities.

as before, graphs and tables allow us to estimate at best.

when working with formulas, getting zero in the denominator indicates a point of discontinuity.

when working with piecewise-defined functions, check for discontinuities at the transition points where one piece ends and the next begins.

step-by-step explanation:

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: