K If $5000 is invested for t years at 9% interest compounded continuously, the future value is given by S = 5000e0.09t dollars. Complete parts (a) through (c). arch (a) Graph this function for 0sts 15. Choose the correct graph below. ○ A. 34,000 AS Q B. AS Q 34,000 0- 15 ♫ 0- 0 15 a ☑ ○ C. 34,000 ○ D. AS Q AS 34,000- Q 0- 0 15 ♫ E 0 15 OC. t≈ 13.92 years OD. to 12.92 years (b) Use the graph to estimate when the future value will be $16,000. Choose the correct answer below. OA. t≈ 11.92 years OB. t≈ 25.84 years

Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.7: A Library Of Parent Functions
Problem 47E
Question
K
If $5000 is invested for t years at 9% interest compounded continuously, the future value is given by S = 5000e0.09t dollars. Complete parts (a) through (c).
arch
(a) Graph this function for 0sts 15. Choose the correct graph below.
○ A.
34,000
AS
Q
B.
AS
Q
34,000
0-
15
♫
0-
0
15
a
☑
○ C.
34,000
○ D.
AS
Q
AS
34,000-
Q
0-
0
15
♫
E
0
15
OC. t≈ 13.92 years
OD. to 12.92 years
(b) Use the graph to estimate when the future value will be $16,000. Choose the correct answer below.
OA. t≈ 11.92 years
OB. t≈ 25.84 years
Transcribed Image Text:K If $5000 is invested for t years at 9% interest compounded continuously, the future value is given by S = 5000e0.09t dollars. Complete parts (a) through (c). arch (a) Graph this function for 0sts 15. Choose the correct graph below. ○ A. 34,000 AS Q B. AS Q 34,000 0- 15 ♫ 0- 0 15 a ☑ ○ C. 34,000 ○ D. AS Q AS 34,000- Q 0- 0 15 ♫ E 0 15 OC. t≈ 13.92 years OD. to 12.92 years (b) Use the graph to estimate when the future value will be $16,000. Choose the correct answer below. OA. t≈ 11.92 years OB. t≈ 25.84 years
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