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Mathematics, 14.10.2019 11:20 kokilavani

2. mary deposited $8000 in an account that pays 6% annual interest for 5 years. using a=p(1+r)^t, what is the balance at the end of the 5 years?
question 2 options:

a. 10706
b. 0.006
c. 134456000
d. 83886

3. mary deposited $8000 in an account that pays 6% annual interest compounded quarterly for 5 years. what is the balance at the end of the 5 years? use a = p(1 + rn)n*t

a. 10706
b. 10775
c. 12806
d. 8652

4. a $15,000 car depreciates at 20% each year. if you were to write an exponential model in the form , which value represents b in the function? (which is the growth factor)

a. 15,000
b. 0.2
c. 0.8
d. 0.02

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Answers: 1

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