document.write( "Question 1176618: Arianna is investing 6,000 to get ready for college expenses. her bank offers an annual growth rate of 5.8% and she plans to do this for 4 years. How much will she save after 4 years\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "What is the exponential function to model the situation?\r
\n" ); document.write( "\n" ); document.write( "How much will she have saved after 4 years. \n" ); document.write( "

Algebra.Com's Answer #803805 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

\r\n" );
document.write( "Hi\r\n" );
document.write( " In General \r\n" );
document.write( "A = Accumulated Amount\r\n" );
document.write( "P= principal = $6000\r\n" );
document.write( "r= annual rate = .058\r\n" );
document.write( "n= periods per year = 1\r\n" );
document.write( "t= years = 4\r\n" );
document.write( " = $7517.85 rounded to the nearest cent.\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "Wish You the Best in your Studies.\r\n" );
document.write( "

\n" ); document.write( "

\n" );