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Help me choose the correct Suppose $15000 is invested in an account with an APR (Annual Percentage Rate) of 5.4%. If the interest is compounded
Help me choose the correct Suppose $15000 is invested in an account with an APR (Annual Percentage Rate) of 5.4%. If the interest is compounded monthly, which of the following functions represents the value of an investments (in dollars) after t years? 12.0.054 O ALE) = (1+2) 121 OA) = 15000 1 + 0.054 12 O A(C) 15000 1 + 0.054 12 121 O A(0) 1 + 0.054 12 + 12 0.064 OA) - 15000 1 12 The graph of an exponential function is shown in the applet below. 10 y P;= (1.00, 2.70) Py=(2.00, 4.86) 8 Drag the purple X on the 2-axis to vary the initial value of a What is the 1-unit growth factor for this exponential function? 1.8 O 0.5556 00.8 00.9 O 1.9
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