Question

15000 15.000 10 000 10000 5000 (c) Use the graph of An to determine when this investment will amount to 318.000. (Round your answer to the nearest whole number.) 1 POINTS PREVIOUS ANSWERS

Answer 1

Since the image for the graph is not clear, i have drawn the graph and attached with the solution. With the graphs shown in the question, the correct graph is TOP RIGHT graph.

Expl No&Dale The equation for continous compound intrest is d= Pen r is the rate of the investment t is the time of the investment P is the original amount LA is the value & the investment after t years A= Pert P= 5300 Y-7 tat Az 5300 ott 3AH = ora at t=5 5300 e ºtt e 0.35 Oex A= 5300 x e = 5300x1.419 = 7521.05$ at t = 10, LA= 300 x et. =530 0 x2.01 =10672.889 $ I at t=1s 1:05 A= 5300 x e : = 5300 x2-85 = 15145:55 & lat to 20 45 300 x e 5300*4:055 =21492:55 Page

$15,000 is expected after 15 years.

as shown in the explanation above at t=15, A=15000 (rounded off)

NOTE: since the question was blurred, the year for getting A= 18,000 is marked in the graph.Kindly ignore it.