document.write( "Question 855234: you deposit $2500 in an account that pays 6% annual interest. first write an exponential growth model for the balance of the account. after 4 years, find the balance for the following situations:\r
\n" ); document.write( "\n" ); document.write( "Exponential growth model\r
\n" ); document.write( "\n" ); document.write( "compounded yearly\r
\n" ); document.write( "\n" ); document.write( "compounded monthly\r
\n" ); document.write( "\n" ); document.write( "compounded daily\r
\n" ); document.write( "\n" ); document.write( "compounded continuously
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Algebra.Com's Answer #515165 by ewatrrr(24785)\"\" \"About 
You can put this solution on YOUR website!
 
\n" ); document.write( "Hi,
\n" ); document.write( " In General \"A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29\"
\n" ); document.write( "compounded:
\n" ); document.write( "annually \"A%28t%29+=+2500%281.06%29%5E%284%29\"
\n" ); document.write( "monthly \"A%28t%29+=+2500%281%2B+.06%2F12%29%5E%2812%2A4%29\"
\n" ); document.write( "daily \"A%28t%29+=+2500%281%2B+.06%2F365%29%5E%28365%2A4%29\"
\n" ); document.write( "continuously \"A%28t%29+=+P+e+%5E%28rt%29+=+2500e%5E%28.06t%29\" \n" ); document.write( "
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