Question: Assume an account with $ 5 0 0 0 compounded quarterly has an average rate of 7 % . Answer the questions below using this

Assume an account with $5000 compounded quarterly has an average rate of 7%. Answer the questions below using this information.
a) Form and exponential function in terms of "t", the time in years.
b) How much will the account be worth in 30 years? Round to the nearest cent.
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Assume an account with $5000 compounded quarterly has an average rate

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