Suppose that \( \$ 88,000 \) is invested at \( 3 \frac{1}{2} \% \) interest, compounded quarterly. a) Find the function for the amount to which the investment grows after \( t \) years. b) Find the amount of money in the account at \( t=0,3,5 \), and 10 years. a) The function for the amount to which the investment grows after \( t \) years is \( A(t)=88000(1.00875)^{4 t} \). (Simplify your answer. Type an expression using \( t \) as the variable.) b) Find the amount of money in the account at \( t=0,3,5 \), and 10 years. The amount of money in the account at \( t=0 \) years is \( \$ 88,000 \). (Round to the nearest dollar as needed.) The amount of money in the account at \( t=3 \) years is \( \$ 97,698 \). (Round to the nearest dollar as needed.) The amount of money in the account at \( t=5 \) years is \( \$ \square \). (Round to the nearest dollar as needed.)

Suppose the nominal exchange rate between the Japanese yen and the UK pound is 100 yen per pound. Futher, suppose that a kilogram of rice costs \( £ 2 \) in the UK and 250 yen in Japan. What is the real exchange rate between Japan and the UK? a) 2.5 kilograms of Japanese rice per kilogram of UK rice. b) 0.5 kilograms of Japanese rice per kilogram of UK rice. c) 1.25 kilograms of Japanese rice per kilogram of UK rice. d) 0.8 kilograms of Japanese rice per kilogram of UK rice.

9.4 Sarah het 10 jaar gelede \( R 6000 \) in haar rekening gedeponeer. Ses jaar gelede het sy \( R 2000 \) onttrek. Die rentekoers is \( 7,6 \% \) p.j. maandeliks saamgestel. Hoeveel geld is tans in die rekening?

QUESTION 21 Suppose the nominal exchange rate between the Japanese yen and the UK pound is 100 yen per pound. Further, suppose that a kilogram of rice costs \( £ 2 \) in the UK and 250 yen in Japan. What is the real exchang rate between Japan and the UK? a) 2.5 kilograms of Japanese rice per kilogram of UK rice. b) 0.5 kilograms of Japanese rice per kilogram of UK rice. c) 1.25 kilograms of Japanese rice per kilogram of UK rice. d) 0.8 kilograms of Japanese rice per kilogram of UK rice.

1 Hoeveel moet Peter nou belê, teen 9,5\% p.j. kwartaalliks saamgestel, indien hy oor 6 jaar R40 000 wil hê?

Mike maak 'n spaarrekening oop met 'n deposito van \( R 60000 \). Hy los die geld 7 jaar in die rekening. Die rentekoers vir die eerste 3 jaar is \( 2,7 \% \) p.j. kwartaalliks saamgestel en vir die volgende 4 jaar is dit \( 3,2 \% \) p.j. maandeliks saamgestel. Hoeveel geld sal aan die einde van die 7 -jaar tydperk in Mike se spaarrekening wees?