2% interest compounded quarterly for 5 years

 A = P(1.005)²⁰

Step-by-step explanation:

The formula for interest compounded over a period of time is:

It is given that r = 2% (0.02), n = quarterly (4), and t = 5

the correct answer is b. negative exponential growth.

step-by-step explanation:

you can tell it's an exponential function because it decreases rapidly then levels out and never touches the x-axis.

it is negative because the y-axis decreases as the x-axis increases.

therefore it is a negative exponential growth graph.

hope i !