The population in Smalltown in 2010 was 45,230 people and is growing exponentially at a rate of 2%. What will the population be in 2030?You invest $1000 in an account that has an annual interest rate of 4%, compounded monthly for 12 years. What is the equivalent interest rate and how many times will the money be compounded?

6. You win a prize and are offered two choices: Choice A: $0.10 on January 1, $0.20 on January 2, $0.40 on January 3, $0.80 on January 4, doubling the amount each day, or Choice B: $5.00 on the first day, $10.00 on the second day, $15.00 on the third day, getting $5.00 more each day. Which Choice can be defined using an exponential function? What is the function? Choice A, At = (0.10)-1 Choice B, At = 5.00 + 5.00t Choice A, At = 0.10(2)-1 O Choice B, At = 5.00 + 5.00(t - 1)