1. Applications of Exponential Functions A. Solve the following problems. Enumerate all the given and solution. 1. If P15,000 is deposited in an account that pays 5% compounded annually, how much will...


1.<br>Applications of Exponential Functions<br>A. Solve the following problems. Enumerate all the given and<br>solution.<br>1. If P15,000 is deposited in an account that pays 5% compounded<br>annually, how much will be in the account after 8 years?<br>2. If P20,000 is deposited in a time deposit account that pays 6%<br>compounded quarterly, how much will be in time deposit account<br>after 3 years and 6 months?<br>3. If P100,000 is deposited in an account paying 5.5% compounded<br>continuously, how much will be in the account after 5 years?<br>4. If P300,000 is invested today at an interest rate of 4.5%<br>compounded continuously, how much will be the investment<br>after 3.5 years?<br>

Extracted text: 1. Applications of Exponential Functions A. Solve the following problems. Enumerate all the given and solution. 1. If P15,000 is deposited in an account that pays 5% compounded annually, how much will be in the account after 8 years? 2. If P20,000 is deposited in a time deposit account that pays 6% compounded quarterly, how much will be in time deposit account after 3 years and 6 months? 3. If P100,000 is deposited in an account paying 5.5% compounded continuously, how much will be in the account after 5 years? 4. If P300,000 is invested today at an interest rate of 4.5% compounded continuously, how much will be the investment after 3.5 years?

Jun 04, 2022
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