Question

Hello it’s a 4 part question I just need help however I can only post one picture at a time

Answer 1

Part a:

0% 3000

5% 3646.51

10% 5247.02

20% 6220.8

Step-by-step explanation:

Part a:

We need to evaluate the function in the r values given:

If the rate is 0% then r = 0

`S=3000(1+0)^4=3000`

If the rate is 5%, then r = 0.05

`S=3,000(1+0.05)^4\approx3646.51`

If the rate is 10%, then r = 0.1

`S=3,000(1+0.1)^4=4392.3`

If the rate is 15%, then r = 0.15

`S=3,000(1+0.15)^4=5247.02`

If the rate is 20%, then r = 0.2

`S=3,000(1+0.2)^4=6220.8`