21. Nora inherited a savings account that was started by her grandmother 25 years ago. This scenario is modeled by the function A(t) = 5000(1.013)'+25, where A(1) represents the value of the account, in dollars, 1 years after the inheritance. Which function below is equivalent to A(t)? (1) A(t) = 5000[(1.013')]²$ (2) A(t) = 5000[(1.013)'+(1.013)³] (4) A(1) = 5000(1.013)' (1.013)5 (3) A(t) = (5000)' (1.013)25 %3D
21. Nora inherited a savings account that was started by her grandmother 25 years ago. This scenario is modeled by the function A(t) = 5000(1.013)'+25, where A(1) represents the value of the account, in dollars, 1 years after the inheritance. Which function below is equivalent to A(t)? (1) A(t) = 5000[(1.013')]²$ (2) A(t) = 5000[(1.013)'+(1.013)³] (4) A(1) = 5000(1.013)' (1.013)5 (3) A(t) = (5000)' (1.013)25 %3D
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 60SE: The formula for the amount A in an investmentaccount with a nominal interest rate r at any timet is...
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PLEASEE SHOW WORK THAT IS SHORT AND PLEASE WRITE CLEARLY ON A PAPER SO I CAN UNDERSTAND THE HANDWRITING AND PLEASEE CAN YOU DO IT FAST
THANK YOU
![21. Nora inherited a savings account that was started by her grandmother
25 years ago. This scenario is modeled by the function A(t) = 5000(1.013)' *25,
where A(1) represents the value of the account, in dollars, 1 years after the
inheritance. Which function below is equivalent to A(t)?
(1) A(t) = 5000[(1.013')]²$
(2) A(t) = 5000[(1.013)'+(1.013)²³] (4) A(1) = 5000(1.013) (1.013)²5
(3) A(t) = (5000)' (1.013)25
%3D
%3D](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F557e6f8a-41fc-4df3-9296-9c5fa366eb36%2F8a5ccec0-b81a-4238-b7bd-c96cbd3e8962%2Fac0bvyr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:21. Nora inherited a savings account that was started by her grandmother
25 years ago. This scenario is modeled by the function A(t) = 5000(1.013)' *25,
where A(1) represents the value of the account, in dollars, 1 years after the
inheritance. Which function below is equivalent to A(t)?
(1) A(t) = 5000[(1.013')]²$
(2) A(t) = 5000[(1.013)'+(1.013)²³] (4) A(1) = 5000(1.013) (1.013)²5
(3) A(t) = (5000)' (1.013)25
%3D
%3D
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