(a) Q = 2000(1.05)^t (b) 3257.79
Work Step by Step
(a) Q = ab^t a = initial amount = 2000 b = growth factor = increasing = 1 + 0.05 (5%) = 1.05 => Q = 2000(1.05)^t (b) Q = 2000(1.05)^10 Q = 3257.79
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