Sort the problems based on the formula that should be used to solve it. You donot need to actually solve. One problem is a distractor and should not be put inany category below.Formula 1: A = P (1+r)'Formula 2: A =P(1-r)'ntFormula 3: A= P(1+)Formula 4: A = Pet Formula 1Formula 2No Answers ChosenNo Answers ChosenFormula 3Formula 4No Answers ChosenNo Answers ChosenPossible answersYou start with $500 in a savings account. Each week, you deposit $50. How much money will you have at the end of 9 weeks?You invest $100,000 in an account with 1.o1% interest, compounded quarterly. How much money will be in the account after 5 years?A savings account balance is compounded continuously. If the interest rate is 3.1% per year and the current balance is $1077.00, in how mary years will thebalance reach $1486.73?You invest $100,000 in an accoutlt with 1.01% interest, compounded continuously. How much money will be in the account after 5 years?Larry invested $27,000 in a savings account that pays an annual interest rate of 1.8%. The savings account is set to compound monthly. How much is in Larry'saccount after 5 years?E In 2000, the population of a town is 75OK. Each Year the population increases by 1.2%. What will the population be in 2030?E Your new computer cost $1500 but it depreciates in value by about 18% each year. What is the value of the computer after 3 years?In 1985. there were 275 cell phone subscribers in the small town of China Grove. Subscribers increased by 40% each year after 1985. How many cell phonesubscribers were there in 1994?A population of 800 beetles is decreasing each month ata rate of 5%. How many beetles are left after 2 months?NextPrevious票顯操:進

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Formula 1: A = P(1+r)' Formula 2: A =P (1 – r)' Formula 3: A = P (1+ " )" Formula 4: A = Pet nt