A person places $8430 in an investment account earning an annual rate of 3.8%, compounded continuously. Using the formula
V = Pert, where V is the value of the account in t years, P is the
principal initially invested, e is the base of a natural logarithm, and r is
the rate of interest, determine the amount of money, to the nearest
cent, in the account after 16 years.

d

step-by-step explanation:

by observation, we can see that the the graph is simply the graph of y = |x| that has been shifted 4 units downwards and 3 units to the left.

we can recognize in choice d :

y = | x + 3 |   - 4 (rewriting in general form)

y = | x - (- 3) |   - 4

the "-4 " term means   that the graph has been shifted by 4 units in the negative y direction

the "-3 " term means   that the graph has been shifted by 3 units in the negative x direction

this matches our observation of the graph described above.

its a straight line parallel to the time axis

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.