Question: Example 3 . In business, the compound interest formula is A = P * ( 1 + ( I / M ) ) ^ (

Example 3. In business, the compound interest formula is A= P*(1+(I/M))^(T*M), where P is the principal (present value or the original value of the investment), I is the annual interest rate, M is the number of time the interest is computed per year, T is the number of years, and A is the value of the investment after T years.
a. What type of function is this?
b. What is the value of your investment after 5 years, 10years, 20 years, 30, years, 40 years and 50 years if you deposit $5000 in an account that earns an 8.5% annual rate compounded quarterly?
Example 4. Windmills are increasingly being used to generate electricity. For moderate wind speeds, the power P in watts generated by a windmill us related to the wind speed v in miles per hour according to the equation

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