Suppose that $2000 is invested at a rate of 2.1% compounded annually. assuming that no withdrawals are made find the total amount after 5 years. do not round any intermediate computations, and round your answer to nearest cent.

Asales representative from a local radio station is trying to convince the owner of a small fitness club to advertise on her station. the representative says that if the owner begins advertising on the station today, the club's total number of members will grow exponentially each month. she uses the given expression to model the number of club members, in hundreds, after advertising for t months.