Use the Formulas $A = p \left( 1 + \frac { r } { n } \right) ^ { n t }$

question 28

Short Answer

Use the formulas $A = p \left( 1 + \frac { r } { n } \right) ^ { n t }$ or $A = p _ { \mathrm { e } } r t$ to find the amount for the investments. $10,500 for 5 years at 4% compounded continuously. Please round the answer to the nearest hundredth. $A =$ $__________ $10,500 for 5 years at 4.5% compounded quarterly. Please round the answer to the nearest hundredth. $A =$ $__________ Determine which investment amounts to more. __________

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Definitions:

Sexually Promiscuous

Engaging in sexual activities with multiple partners without engaging in a committed relationship.

Sociobiologist

A scientist who studies the biological aspects of social behavior, often focusing on the evolutionary basis for such behaviors.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Sociobiologists

Scientists who study the biological basis of social behavior across species, including humans, often focusing on how behavior contributes to survival and reproduction.