document.write( "Question 1175641: Alisa is investing $6,250 to get ready for college expenses. Her bank offers an annual rate of 6.12% per year and she plans to do this for 4 years. How much will she have saved after 4 years?\r
\n" ); document.write( "\n" ); document.write( "Part A: Write an exponential functions to model the situation.\r
\n" ); document.write( "\n" ); document.write( "A(t) = \r
\n" ); document.write( "\n" ); document.write( "Part B: Round your answer to the nearest dollar. After 4 years she will have saved how much?
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #801284 by Boreal(15235)\"\" \"About 
You can put this solution on YOUR website!
the function is A(x)=6250(1+0.0612)^4 or 6250(1.0612)^4 in dollars
\n" ); document.write( "That is = $7926.27 or $7926.
\n" ); document.write( "
\n" );