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My questions are: #1) Determine the account balance at 4 years if $20,000 was invested in an account that compounds daily at 4.5% per year.#2) Determine the account balance at 5 years if $20,000 was invested in an account that compounds continuously at 4.5% per year.#3) A bacterial culture grows from 10 bacteria at 1.5% per minute starting at 7:00 a.m. find bacteria count after 12 hours if continues growth is assumed. (round down to the nearest whole bacterium)

Respuesta :

We have the following formula:

[tex]P(t)=10\cdot(1.015)^t[/tex]

where t is the amount of minutes we have waited. So in this case we have 12hours, therefore we have waited 12*60=720 minutes

so we have that after 720 minutes the population of bacteria is

[tex]10\cdot(1.015)^{720}=452428.98\approx452429[/tex]

so the answer is 452429

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