1. You invested $1000 in a savings account in 6th grade. The account pays 5% annual...

 

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1. You invested $1000 in a savings account in 6th grade. The account pays 5% annual interest. How much money will be in the account after 6 years? 2. The population of a city was 1,860,000 in 2002. The population seemed to be decreasing 1.5% each year over time. If this continued, what was the population after 12 years? 3. Colleen's office equipment is depreciating at a rate of 9% per year. She paid $24,500 for it in 2009. What will the equipment be worth in 2015 to the nearest hundred dollars? 4. The annual sales for a fast food restaurant are $650,000 and are increasing at a rate of 4% per year. Write a function that expresses the annual sales after n years. Then find the annual sales after 5 years 1. You invested $1000 in a savings account in 6th grade. The account pays 5% annual interest. How much money will be in the account after 6 years? 2. The population of a city was 1,860,000 in 2002. The population seemed to be decreasing 1.5% each year over time. If this continued, what was the population after 12 years? 3. Colleen's office equipment is depreciating at a rate of 9% per year. She paid $24,500 for it in 2009. What will the equipment be worth in 2015 to the nearest hundred dollars? 4. The annual sales for a fast food restaurant are $650,000 and are increasing at a rate of 4% per year. Write a function that expresses the annual sales after n years. Then find the annual sales after 5 years

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1 To calculate the amount of money in the savings account after 6 years we use the formula for compo... View the full answer