After five years of earning interest at an annual rate of 4% and investment has earned $1,200 in interest determine the amount of initial investment show all work for full credit

Asales representative from a local radio station is trying to convince the owner of a small fitness club to advertise on her station. the representative says that if the owner begins advertising on the station today, the club's total number of members will grow exponentially each month. she uses the given expression to model the number of club members, in hundreds, after advertising for t months.