Question: (2) In many computer applications such as spreadsheets, a power is indicated by a caret symbol (^). For example, 34 would be written as 3^4.

(2) In many computer applications such as spreadsheets, a power is indicated by a caret symbol (^). For example, 34 would be written as 3^4. As a part of her budget management, Kim has put money into an Individual Retirement Account. She creates a spreadsheet to estimate her earnings over time. She enters the formula: =1500*(1+0.06/4)^ (4*A2) , where A2 = the time in years. (a) How much did Kim invest? $

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