Question

1. identify the initial amount a and the growth factor b in the exponential function
g(x)=14*2^x

a. a=14, b=x
b.a=14, b=2
c.a=28, b=x
a.a=28, b=x

2.identify the initial amount a and growth factor b in the exponential function.
f(t)=1.4^t
a.a=1,b=0.4
b.a=1.4, b=0
c.a=1.4,b=t
d. a=1,b=1.4

3. find the balance in the account after the given period.

$4000 principal earning 6% compounded annually, after5 yr

a.$6,726.28
b. $5,352.90
c. 5,395.40
d. $7,7716.74

4. find the balance in the account after the given period.

$500 principal earning 4% compounded monthly, af

Answer 1

after 6yr
a.$3,619.80
b. $3,743.70
c. $3,748.22
d. $4,860.36