Ryan invests $500 today in an account earning 4%. How much will it be worth in 5 years? (Compound interests formula, n=1)

$608

Step-by-step explanation:

To find the amount that the investment will be worth in 5 years, you have to use the following formula:

FV= PV*(1+(r/n))^nt

FV= Final value

PV= Present value= $500

r= interest rate= 4% (0.04)

n= number of times that the interest is applied in a period= 1

t= number of time periods= 5

FV= 500*((1+(0.04/1))^(1*5)

FV= 500*(1.04)^5

FV= 500*1.216

FV= 608

The answer is that it will be worth $608 in 5 years.

see attached

step-by-step explanation:

given the function as;

write the equation replacing f(x) with y

form   and fill a table containing values of y with corresponding values of x

you can take a range for   values of x as -3≤x≤3

solving for x=-3

for x=-2

repeat the same procedure to get the values of y for the remaining ,x=-1 to x=3

plot the values of y against values   of x and obtain the following graph