Question

Please help!!!!!!!!!! Please

Answer 1

It is exponential increase, so:


`A(n)=500\cdot(1+3\%)^((n-1))\\\\ \boxed{A(n)=500\cdot(1+0.03)^((n-1))}`

and


`A(6)=500\cdot(1+0.03)^((6-1))=500\cdot1.03^5=500\cdot1.16\approx\boxed{579.64}`

Answer D.