Functions Modeling Change: A Preparation for Calculus, 5th Edition

Published by Wiley
ISBN 10: 1118583191
ISBN 13: 978-1-11858-319-7

Chapter 1 - Linear Functions and Change - 1.2 Rate of Change - Exercises and Problems for Section 1.2 - Exercises and Problems - Page 17: 24

Answer

$\$200,000$

Work Step by Step

We know that $P_n=P_0+\text{rate}\cdot b$, thus $P_{40}=0+5000\cdot40=\$200,000$
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