The amount of money A, accrued at the end of n years when a certain amount, P is invested at a compound annual rate, r, is given by A=P(1+r)n. If a person invests $150 in a account that pays 10% interest compounded annually, find the balance after 5 years .

$241.58

Step-by-step explanation:

he amount of money A, accrued at the end of n years when a certain amount, P is invested at a compound annual rate, r, is given by:

From the given information:

P =$150

r=10%=0.1

n= 5 years

Therefore the balance after 5 years is:

option a.

step-by-step explanation:

if you look closely at the graph, we can notice that the function is not defined at two different points.

if you look at functions b and c, you will notice that both functions are not defined at just one point. the function b is not defined at x= -5/2 and function c is not defined at x=-5. both options are discarded, given that our function should not be defined at two fiferent points.

now, if you look closely at the graph you will notice that the function sketched is not defined at x=5 and x=-2.