The Cooper family opened a new banking account that earns a yearly rate of 5% compounded monthly. They initially deposited $1,500. Use the model A = P(1+3nt to
create an equation for this situation.

Johnny rode his bike to a friends house 4 blocks down the street in his neighborhood. he immediately rode back home once he realized his friend was unable to play. what was his displacement for the total bike ride trip? what could you use as a reference point ? show the steps to solve this problem.