Exponential Functions and Compound Interest

Find the total amount in the account to the nearest cent if the interest is compounded annually.

$2750 at 8% for 2 years

Kennedy won $3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% interest compounded quarterly, how much will she have in her account in 10 years?

If $400 is invested at 35% interest, compounded continuously, for 2 years, what is the ending balance?

If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?

Ash has $8,000 in a savings account. The interest rate is 3% compounded semi-annually .

To the nearest cent, how much will he have in his account in 4 years?

5%

7%

4%

6%

How much would Zion earn on a deposit of $10,000 one year at 5.12% compounded daily?

Find the balance in an account that has $300 invested at 6.5% for 4 years compounded semi-annually.