Solve the Problem $\mathrm { A } ( \mathrm { t } ) = \$ 90,000 ( 1.04 ) ^ { \mathrm { t } }$

question 36

Multiple Choice

Solve the problem.
-Suppose that $90,000 is invested at 4% interest, compounded annually. Find a function A for the amount in the account after t years.

• A) \(\mathrm { A } ( \mathrm { t } ) = \$ 90,000 ( 1.04 ) ^ { \mathrm { t } }\)
• B) \(\mathrm { A } ( \mathrm { t } ) = \$ 90,000 ( 0.04 ) ^ { \mathrm { t } }\)
• C) \(\mathrm { A } ( \mathrm { t } ) = \$ 90,000^{0.04} \mathrm { t }\)
• D) \(\mathrm { A } ( \mathrm { t } ) = \$ 90,000 ^ { 1.04 \mathrm { t } }\)

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Definitions:

Interactions

The reciprocal action or influence between two or more entities in a particular environment.

Compromising Style

A conflict resolution approach where parties involved make concessions to reach a mutually acceptable agreement.

Moderate Concern

A level of interest or care that is neither too indifferent nor too passionate, often seen as a balanced or reasonable position.

Aquifer

An underground layer of water-bearing permeable rock, rock fractures, or unconsolidated materials (gravel, sand, or silt) from which groundwater can be extracted.