Anna received a gift of $5,000 from her grandmother and decided to invest it. The expression 5000(1.0005)^12t represents the amount of money Anna is earning on her investment. Select all of the following that are equivalent expressions so that Anna can better understand how her money is invested.

a) 5000(1.0005^12)^t
b) 5025^12t
c) 5000(1+0.0005)^12t
d) 5000(1.0005^t)^12
e) (5000+2.5)^12t
f) 5000(1+0.06/12)^12t

Question

06-11-2022
Mathematics

Answered

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Anna received a gift of $5,000 from her grandmother and decided to invest it. The expression 5000(1.0005)^12t represents the amount of money Anna is earning on her investment. Select all of the following that are equivalent expressions so that Anna can better understand how her money is invested.

a) 5000(1.0005^12)^t
b) 5025^12t
c) 5000(1+0.0005)^12t
d) 5000(1.0005^t)^12
e) (5000+2.5)^12t
f) 5000(1+0.06/12)^12t

Sagot :

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