Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer and make solution Exercise 3: Solve Me Directions: Read and analyze the given problems below then answer what is being asked. Show your

please answer and make solution

image text in transcribed
Exercise 3: Solve Me Directions: Read and analyze the given problems below then answer what is being asked. Show your solution. 1. A population of Barangay starts with 500 individuals and it triples every 80 years. a. Give an exponential model for the situation. [2 points] b, What is the size of the population after 100 years? [3 points] 2. A bank offers P10,000 with an interest rate of 2% compounded annually for a certain fund. a. Write the exponential model to compute the future amount of the fund. [2 points] b. How much is the total savings after 5 years? [3 points] 3. Athena invested P50,000.00 at an annual rate of 6% compounded annually. a. Find the total amount in the account after 10 years if no withdrawals and no additional deposits are made. [5 points]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Core Concepts Of Accounting

Authors: Leslie Breitner, Robert Anthony

11th Edition

0133125947, 9780133125948

More Books

Students also viewed these Accounting questions

Question

What is the difference between persistence and self-determination?

Answered: 1 week ago

Question

2. To store it and

Answered: 1 week ago