Question

Victoria invests $200 into an account with a 2.6% interest rate that is compounded semiannually. How much money will she have in this account if she keeps it for 10 years? Round your answer to the nearest dollar. Provide your answer below: The graph of the function f(2) - log,() is stretched vertically by a factor of 6, shifted to the right by 3 units, and shifted up by 5 units. Which of the answer choices gives the equation of the function g(2) described above? Select the correct answer below:

g(x) = -6log(x + 3) - 5
g(x) = -6log(x + 5) +3
g(x) = 6 log (x + 3) +5
g(x) = 6 log (x - 3) +5
g(x) = 6 log2(x – 3) - 5
g(x) = -6 log2(x - 5) +3

Answer 1

1. Victoria will have in this account the sum of $258.95 after 10 years.

2. The answer choice that gives the equation of the function g(2) described above is:

g(x) = 6 log (x + 3) +5

Explanation:

a) Data and Calculations:

FV (Future Value) $258.95

PV (Present Value) $200.00

N (Number of Periods) 20.000

I/Y (Interest Rate) 1.300%

PMT (Periodic Payment) $0.00

Starting Investment $200.00

Total Principal $200.00

Total Interest $58.95