A person borrows $50000 loan from bank at a rate of 10% for 5 years compounded yearly.
a) Calculate the total amount paid after 5 years.
b) Find the interest paid.​

Answers

Answer 1
Given:P= $50,000R= 10%T= 5 yearsNote that:P= Principal amount R= Rate of interest T= Time period Solution:

[tex]\large\boxed{Formula: A= P(1+ \frac{R}{100}{)}^{T}}[/tex]

Let's substitute according to the formula.

[tex]A= 50000(1+ \frac{10}{100}{)}^{5}[/tex]

A= $80525.5

Now, we can find the interest paid

[tex]\large\boxed{I= A-P}[/tex]

We'll have to deduct the total amount from the principal amount.

Let's substitute according to the formula.

[tex]I= 80525.5-50000[/tex]

I= $30525.5

Hence, the total amount paid after 5 years is $80525.5 and $30525.5 was paid as interest.


Related Questions

Please answer !!!!!!!

Answers

The measure of all the angles is given below:

angle 1= 30

angle 2=  150

angle 3= 30

angle 4= 150

angle 5= 30

angle 6= 150

angle 7= 30

angle 8= 73.5

What is angle?

An angle is formed when two straight lines or rays meet at a common endpoint. The common point of contact is called the vertex of an angle.

As,

angle 1= 30 (Vertically opposite angle)

angle 7= 30 (corresponding angle)

angle 4+30= 180 (linear pair)

 angle 4= 150

angle 4= angle 2= 150 (Vertically opposite angle)

angle 2= angle 6= 150  (corresponding angle)

angle 1= angle 5= 30  (corresponding angle)

angle (2x+3)= angle 4  (corresponding angle)

     2x+3= 150

      x= 73.5

Lean more about angle here:

https://brainly.com/question/13954458

#SPJ1      

Help help help help help help help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help
Help

Answers

Answer:

-2

Step-by-step explanation:

For a straight-line graph, pick two points on the graph.

The gradient of the line = (change in y-coordinate)/(change in x-coordinate)

             (x, y)

Point 1: (2, 0)

Point 2: (3, 2)

Gradient = (change in y)/(change in x)

= (2 - 0) / (3 - 2)

= 2 / 1

= 2

Note: gradient is basically slope where slope = rise / run

Answer:

help has arrived its -2

Step-by-step explanation:

if f(x)= 3x -2, find f-1(x)

Answers

Answer: 1/3x + 2/3

Step-by-step explanation:

f(x)= 3x - 2 =>

y= 3x - 2 =>

x= 3y - 2 =>

3y - 2= x =>

3y= x + 2 =>

y= 1/3x + 2/3 =>

f-1(x)=1/3x + 2/3

m=p-2b/2
p=57.4
b=8.7

Answers

Given the value of p and b in the equation ((  p-2b ) / 2 ), the value of m is 20.

What is the value of m?

Given that;

m = ( p-2b ) / 2p = 57.4b = 8.7Value of m = ?

First, we substitute the value of p and b into the equation.

m = ( p-2b ) / 2

m = ( 57.4 - 2(8.7) ) / 2

m = ( 57.4 - 17.4 ) / 2

m = 40 / 2

m = 20

Given the value of p and b in the equation ((  p-2b ) / 2 ), the value of m is 20.

Learn more about equations here: brainly.com/question/14686792

#SPJ1

The Patel family looks at a map to plan their family vacation. They plan to travel from Smithville to Jonesville, which are 334
3
3
4
inches apart on the map. Then they plan to travel from Jonesville to Clarksville, which are 514
5
1
4
inches apart on the map. The scale on the map is 12
1
2
inch equals 4 miles. What is the actual distance the Patel family will travel by the time they reach Clarksville? Enter your answer in the box.

Answers

Answer:

282.7miles

Step-by-step explanation:

334+514=848inch

12inch=4miles

848inch=x

[tex]x = \frac{818 \times 4}{12} = 282.7[/tex]

Total distances in miles

334+514848inches

Now 12 in =4mi

3in=1mi

Total miles

848/3282.7mi

Question 9 of 9
Which of the expressions are equivalent to the one below? Check all that
apply.
(15.3)-20
A. (3.15)-20
B. 20-(3.15)
C. 6 (15-20)
D. (3-20) (15-20)

Answers

I’m sure it’s a because when you minus 15.3 and 20 you get 3.15-20

3. Find f(5)+j(-2) if f(x)=12-3x and j(x)=x² + 4x - 1.

HELP ME PLEASEEEE

Answers

The value of the expression f(5) + j(-2)  is -8 where f(x)=12-3x and j(x)=x² + 4x - 1

How to solve the equation?

The expression is given as:

f(5) + j(-2)

Where f(x)=12-3x and j(x)=x² + 4x - 1

Calculate f(5) and j(-2)

f(5)= 12 - 3(5) = -3

j(-2) = (-2)² + 4(-2) - 1 = -5

So, we have:

f(5) + j(-2)  = -3 - 5

Evaluate

f(5) + j(-2)  = -8

Hence, the value of the expression f(5) + j(-2)  is -8

Read more about function expressions at:

https://brainly.com/question/13136492

#SPJ1

(72 divided by 8-x2x3+1 plese help

Answers

Answer:

[tex]\frac{72}{-x^{5} +9}[/tex]

Step-by-step explanation:

Let me know if that is not the same equation you wrote and if you have any questions !!

In an agricultural class, there are 17 freshmen students and 19 sophomore students. What ratio compares the number of freshmen to the number of sophomores (F:S), and what ratio compares the number of sophomores to the number of freshmen (S:F)

Answers

Answer:

Freshmen to sophomores - (17:19)

Sophomores to freshmen - (19:17)

Step-by-step explanation:

I hope this helps! Have a lovely day!! :)

the table below shows the cost of downloading songs from an online music store.

Answers

Answer:

I believe it's c because Greg downloaded 5 song which is 6.45 total then bought certain song at sale price Wich ended at 9.42

How many solutions does the equation below have? 1/(-6-8x) = -3- 1x​

Answers

Answer:

This equation has 2 solutions.

1. [tex]x=\frac{-15+\sqrt{89}}{8}[/tex]

2. [tex]x=-\frac{15+\sqrt{89}}{8}[/tex]

BRAINLIEST if correct + small explanation

Answers


Answer is 280

First, find A = 35% (100% less the three known percents = 35

Second, find ratio of B
20% of x = 160
Divide 160/.20 to isolate x
X=800 (total biscuits)
Now take A percentage x 800 biscuits
800 x 35% = 280 people chose biscuit A

Please!!! Help!!! Brainliest of Right! it goes as 50 point in the end but i used 100 point if you help me i will help you!!

Answers

Answer:

2.  3.913 kg (3 dp)

3.  light cream

4.  240 CoffeeStops

5.  7 CoffeeStops per square mile

6.  2,861 cups of coffee each day

Step-by-step explanation:

Given:

Skim milk density at 20 °C = 1.033 kg/lLight cream density at 20 °C = 1.012 kg/l1 liter = 0.264 gallons

Question 2

[tex]\begin{aligned}\textsf{1 gallon} & = \sf \dfrac{1}{0.264}\:liters\\\\\implies \textsf{Mass (1 gallon of skim milk)} & = \sf Density \times Volume\\& = \sf 1.033\:kg/l \times \dfrac{1}{0.264}\:l\\& = \sf 3.913\:kg\:(3\:dp)\end{aligned}[/tex]

Therefore, the mass of 1 gallon of skim milk is 3.913 kg (3 dp)

---------------------------------------------------------------------------------------------

Question 3

Given:

Volume of liquid = 9 litersMass of liquid = 9.108 kg

[tex]\begin{aligned}\implies \sf Density & = \sf \dfrac{Mass}{Volume}\\\\& = \sf \dfrac{9.108\:kg}{9\:l}\\\\& = \sf 1.012\:kg/l \end{alilgned}[/tex]

Therefore, the container holds light cream.

---------------------------------------------------------------------------------------------

Question 4

Given:

15 CoffeeStops per 100,000 peoplePopulation of Manhattan ≈ 1,602,000 people

[tex]\begin{aligned}\implies \textsf{Number of Coffeestops} & = \sf \dfrac{population}{density}\\\\& = \sf \dfrac{1,602,000}{100,000/15}\\\\& = \sf \dfrac{1,602,000}{100,000} \times 15\\\\& = \sf 240.3\end{aligned}[/tex]

Therefore, there are 240 CoffeeStops.

---------------------------------------------------------------------------------------------

Question 5

Given

Manhattan ≈ 34 square miles

[tex]\begin{aligned}\implies \textsf{CoffeeStops density} & = \sf \dfrac{number\:of\:stores}{land\:area}\\\\& = \sf \dfrac{240}{34}\\\\& \approx \sf 7 \: \textsf{CoffeeStops per square mile}\end{aligned}[/tex]

Therefore, the density of CoffeeStops is 7 per square mile.

---------------------------------------------------------------------------------------------

Question 6

Given:

Each person buys 3 cups of coffee per week

[tex]\begin{aligned}\implies \textsf{Cups served each week} & = \textsf{number of people} \times \textsf{number of cups per week}\\& = \sf 1,602,000 \times 3\\& = \sf 4,806,000\: \textsf{cups per week}\\\\\implies \textsf{Cups per day} & = \sf \dfrac{\textsf{cups per week}}{\textsf{days in a week}}\\\\& = \sf \dfrac{4,806,000}{7}\\\\& = \sf 686,571\:\textsf{(nearest whole number)}\end{aligned}[/tex]

[tex]\begin{aligned}\implies \textsf{Cups served per day per shop} & = \dfrac{\textsf{cups per day}}{\textsf{number of shops}}\\\\& = \sf \dfrac{686,571}{240}\\\\& = \sf 2,861\: \textsf{(nearest whole number)} \end{aligned}[/tex]

Therefore, each Manhattan CoffeeStop serves approximately 2,861 cups of coffee each day.

Daniel has read 10% of a book. He has 45 more pages to finish. How many pages are there in the book?​

Answers

Answer:

He read 10% of the book, so 90% remains to be read.  That 90% consists of 45 pages, so

45=0.90n

n= 45/0.90

n=50

There are 50 pages total in the book

Step-by-step explanation:

50 pages.

The 45 pages left is 90 percent of it.
If the 10% is _ pages then whatever that number is times 9 (bc of 90%) should be 45.
If u do the math 5 pages is 10%. 45+5=50 pages in total

Can someone please help me? I put the answer at 47.1 but it says it's wrong.

Answers

Answer:

47.14 cm

Step-by-step explanation:

Circumference :

π x diameterπ x 1515π15 x 22/7330/747.14 cm (approximately)

Monique goes out for coffee once per week. she has already spent $40.86 this year on her coffees and each one is $4.54.
what is the first term of the sequence?
to get to the next term, you would_____
this is a _____ sequence
there are 27 weeks left in this school year for monique. if she continues getting coffee at this rate how much money will she have spent on coffee by the end of the year?

Answers

If Monique continues getting coffee at this rate then the money that she will have spent on coffee by the end of the year is $163.44.

What is an arithmetic sequence?

An arithmetic sequence is a sequence of integers with its adjacent terms differing with one common difference.

If the initial term of a sequence is 'a' and the common difference is of 'd', then we have the arithmetic sequence as:

a, a + d, a +  2d, ... , a + (n+1)d, ...

Its nth term is

Tₙ = a + (n-1)d

(for all positive integer values of n)

Given Monique goes out for coffee once per week. she has already spent $40.86 this year on her coffees and each one is $4.54. Therefore, the sequence can be written as,

4.54, 9.08, 13.62, 18.16, 22.7, 27.24, .........

Therefore,

The first term of the sequence is 4.54, To get the next term you need to add 4.54. This is an arithmetic sequence.

Since 9 weeks (40.86/4.54 = 9) are already over, and there are 27 more weeks, therefore, the spending till 36 weeks will be,

a₃₆ = 4.54 + (36-1)4.54

a₃₆ = 163.44

Hence, if Monique continues getting coffee at this rate then the money that she will have spent on coffee by the end of the year is $163.44.

Learn more about Arithmetic sequence:

https://brainly.com/question/3702506

#SPJ1

What is the name of the red dot located on the curve of the parabola below?
O A. Center
B. Focus
C. Vertex
D. Directrix

Answers

C. Vertex (x,y). The vertex is right in the middle of the quadratic graph.

In LMN, the measure of N=90°, ML = 17, LN = 8, and NM=15. what is the ratio that represents the secant M?

Answers

Answer:

To be clear, do u want the angle of M?

Answer:

secM = [tex]\frac{17}{15}[/tex]

Step-by-step explanation:

secM = [tex]\frac{1}{cosM}[/tex]

cosM = [tex]\frac{adjacent}{hypotenuse}[/tex] = [tex]\frac{MN}{LM}[/tex] = [tex]\frac{15}{17}[/tex] , then

secM = [tex]\frac{1}{\frac{15}{17} }[/tex] = [tex]\frac{17}{15}[/tex]

Simplify the expression |1/12 - 5/6| - (2/5 + 1/10)

Answers

Answer:

x+2

Step-by-step explanation:

x^2+x-7 = x+2

Answer:

The answer is 1/4!!

<3 love

somebody please help me​

Answers

Answer:

  66°

Step-by-step explanation:

The angle sum theorem tells you the sum of angles in a triangle is 180°.

__

  79° +x +35° = 180°

  x = 180° -114° . . . . . . . . subtract 114° from both sides

  x = 66° . . . . . simplify

the answer is 66 degrees

How many inches are in 12 feet?

Answers

Answer:

144 inches in 12 feet.

Step-by-step explanation:

There are 12 inches in 1 foot.

Find inches when you have 12 ft.

[tex]\frac{12feet}{1} *\frac{12 inches}{1 foot} = 144 inches[/tex]

Feet cancel out leaving inches.

There are 144 inches in 12 feet.

|2x -8| < 2

a. 3 b. -5 c. x>5 or x<3
d. x>-3 or x<-5

Answers

Answer:

[tex]3 < x < 5[/tex]

Step-by-step explanation:

Given inequality:

[tex]|2x - 8| < 2[/tex]

[tex]\textsf{Apply absolute rule}: \quad \textsf{If }|u| < a\:\textsf{ when } \: a > 0,\: \textsf{then }-a < u < a[/tex]

[tex]\implies u=2x-8\: \textsf{ and }\:a=2[/tex]

[tex]\implies -2 < 2x-8 < 2[/tex]

Therefore:

[tex]\implies -2 < 2x-8[/tex]

[tex]\implies 6 < 2x[/tex]

[tex]\implies 3 < x[/tex]

And:

[tex]\implies 2x-8 < 2[/tex]

[tex]\implies 2x < 10[/tex]

[tex]\implies x < 5[/tex]

Merge the overlapping intervals:  [tex]3 < x < 5[/tex]

Proof

Graph:  [tex]y=|2x-8|[/tex]

Add a line at  [tex]y=2[/tex]

The interval that satisfies  [tex]|2x - 8| < 2[/tex]  is the area under the points of intersection (shaded area on the attached graph).

The values of x when [tex]y=|2x-8|[/tex] is less than 2 is more than x = 3 and less than x = 5.

|2x-8|<2

So

Case-1

2x-8<22x<2+82x<10x<5

Case-2

2x-8>-22x>6x>3

So solution is

3<x<5

20 POINTS + BRAINLY Complete the table.




52, 54, 55, 55, 57, 58, 59, 59, 61, 61, 61, 62, 63, 63, 64, 65, 65, 68, 70, 72


Interval Frequency

50-54 2


55-59



60-64



65-69



70-74

Answers

The frequency of the data set that matches with the interval stated are:

50 - 54: 2

55 - 59: 6

60 - 64: 7

65 - 69: 3

70 - 74: 2

What is a Frequency?

Frequency is the number of times a data point or a set of points within an interval appears often in a data set.

The corresponding frequency to each of the interval given for the data would be as follows:

50 - 54: 2

55 - 59: 6

60 - 64: 7

65 - 69: 3

70 - 74: 2

Learn more about the frequency of a data on:

https://brainly.com/question/15422753

#SPJ1

What are the roots of the equation 9x^2-6x+2=0 in simplest a+bi form?

Answers

Answer:

Step-by-step explanation:

A teacher has a large container of blue, red, and green beads. she reports to the students that the proportion of blue beads in the container is 0.30. the students feel the proportion of blue beads is lower than 0.30. a student randomly selects 60 beads and finds that 12 of the beads are blue. the p-value for the test of the hypotheses, h0:p=0.30 and ha:p<0.30, is 0.045. what is the correct interpretation of this value?

Answers

The interpretation of this value is that the null hypothesis is that the proportion of blue beads in the container is 0.30 and the alternative hypothesis is 0.045.

What is a null hypothesis?

It should be noted that the null hypothesis simply means a statical theory that suggests that there's no relationship between the variables given in the data set.

From the information given, it was stated that the proportion of blue beads in the container is 0.30. Here, the interpretation of this value is that the null hypothesis is that the proportion of blue beads in the container is 0.30 and the alternative hypothesis is 0.045.

Learn more about hypothesis on:

brainly.com/question/11555274

#SPJ1

Which are correct representations of the inequality –3(2x – 5) < 5(2 – x)? Select two options.

x < 5
–6x – 5 < 10 – x
–6x + 15 < 10 – 5x
A number line from negative 3 to 3 in increments of 1. An open circle is at 5 and a bold line starts at 5 and is pointing to the right.
A number line from negative 3 to 3 in increments of 1. An open circle is at negative 5 and a bold line starts at negative 5 and is pointing to the left.

Answers

The correct representations of the given inequality are

–6x + 15 < 10 – 5x

and

A number line with an open circle at 5 and a bold line that starts at 5 and is pointing to the right. The correct options are the third and fourth options

Solving inequality

From the question, we are to solve the inequality

The given inequality is

–3(2x – 5) < 5(2 – x)

First, clear the brackets

–6x + 15 < 10 – 5x

NOTE: This is one of the correct representations of the inequality

Collect like terms

-6x + 5x < 10 - 15

-x < -5

Divide both sides by -1 and flip the sign

x > 5

Representing this on a number line, we get a number line with an open circle at 5 and a bold line that starts at 5 and is pointing to the right.

Hence, the correct representations of the given inequality are

–6x + 15 < 10 – 5x

and

A number line with an open circle at 5 and a bold line that starts at 5 and is pointing to the right. The correct options are the third and fourth options

Learn more on Inequalities here: https://brainly.com/question/246993

#SPJ1

Find the area of this rectangle.
11M 9M

Answers

Answer: 99M

Step-by-step explanation:

Rectangle area

A=LW

A = 11 x 9

A = 99

Mark as brainliest please TT. Thank you :D

Answer:

99 m

Step-by-step explanation:

width times length = area

11 ×9= 99m

Jared and Zach are practicing their free throws. Jared attempted x shots and made 75% of them. Zach attempted 10 more shots than Jared did and made 80% of them. Together, they made a total of 101 shots. Which equation represents this situation?

A. 0.75x = 0.8(x + 10)
B. 0.75(x + 10) + 0.8x = 101
C. 0.75x + 0.8x + 10 = 101
D. 0.75x + 0.8(x + 10) = 101

Jared attempted ____ shots.

Zach attempted ____ shots.

Answers

D is correct equation
.75x + .8(x+10) = 101
.75x + .8x + 8 = 101
1.55x + .8 -.8 = 101-8
1.55x = 93
Divide both sides be 1.55
X = 60. Jared
X + 10 = 70 Zach

Have a great day!


Answer: the other person is correct

Which one of these points lies on the given circle

O (-2.5, -2.5)
O (1, 3)
O (2, - √5)
O (-√3, -√7)

Answers

Step-by-step explanation:

every point on the circle has the same distance from the center : r (radius).

we can see that radius right there on the x-axis : the distance of (3, 0) to (0, 0) is simply 3. that is our radius.

the distance formula is applied Pythagoras

distance² = (difference in x coordinates)² +

+ (difference in y coordinates)²

distance = sqrt( ... )

so,

(-2.5, - 2.5)

(-2.5 - 0)² + (-2.5 - 0)² = 6.25 + 6.25 = 12.5

that is not 3² = 9, so the point is NOT on the circle.

(1, 3)

(1 - 0)² + (3 - 0)² = 1 + 9 = 10

that is not 3² = 9, so the point is NOT on the circle.

(2, -sqrt(5))

(2 - 0)² + (-sqrt(5) - 0)² = 4 + 5 = 9

that IS 3² = 9, so, the point IS on the circle.

(-sqrt(3), -sqrt(7))

(-sqrt(3) - 0)² + (-sqrt(7) - 0)² = 3 + 7 = 10

that is not 3² = 9, so the point is NOT on the circle.


12. Round 2,870 to the nearest hundred.

Answers

Answer:

2900

Step-by-step explanation:

2,870 rounded up to the nearest hundred is 2900.Pls mark me as brainliest.

Other Questions
Dont know how to solve. CHARLES' LAW CALCULATION. Sheila weighs 60 kg and is riding a bike. Her momentum on the bike is 340 kg m/s. The bike hits a rock, which stops it completely and throws Sheila forward onto the pavement.If there is no net force on the system, what is Sheilas velocity immediately after she is thrown from the bike?1.8 m/s2.0 m/s5.0 m/s5.7 m/s Does anyone know the history of The Opium War 2Select all the correct answers.A client had an accident and lost his eyesight. He was discharged and returned home recently. What can his daughter do tohelp him with his meals, while still promoting his independence?She should feed her father herself until he feels comfortable enough to try eating byhimself.OShe should place the utensils, cutlery, napkin, and beverage in the same location forevery meal.She should tell her father where each item is by corresponding the position of each toa clock face.She should provide a liquid diet for her father and give each meal to him in cups withlids and straws.She should hire a nurse aide to feed her father to save time and so that he doesn'tstruggle at meal time.ResetNext Maes Howe, a chambered tomb located in Scotlands Orkney Islands, is older than the pyramids. Built from enormous stones, the tomb has one long, narrow entrance with a ceiling so low that visitors must hunch over as they pass through it. The entrance faces toward the winter suns location at sunset around the shortest day of the year. Ancient rituals were performed there. Long after it was abandoned by its builders, Vikings broke into Maes Howe and left runes carved in its walls. The collection of runesViking graffitishares sentiments familiar in any time: Ingigerth is the most beautiful of women; Haermund Hardaxe carved these runes. What looks from the outside to be simply a round, grassy hill on a small, wind-swept island represents an amazing historical find for two different eras.What can you infer about how the builders of Maes Howe regarded the winter sun? Explain how you inferred this? GIVING BRAINIEST TO WHOEVER GIVES THE RIGHT ANSWER!A purple flower with a genotype PP is crossed with a white flower that has a genotype of pp. What wouldthe phenotype(s) of the offspring be? Why do plants contain thegreatest amount of energy in thefood pyramid? EN=NG, which of the following statements CANNOT be true? F M E R NP Q A. MN is a perpendicular bisector. OB. FM = MG O C. Pis a midpoint. O D. MN is a midsegment. Ghelp dawg -7x + 13 > 41 what is the answer Sachin had his dinner at the hotel (into simple present) The contrast of the white print on the red background is most designed to . Gabriel worked for 19.5 hours helping his grandfather at his auto shop. If Gabriel was paid $497.25, how much did he earn per hour? It cost a boy $13.50 to take a girl out for the evening. Sixty percent of this was for the theater tickets. What was the cost of each ticket ? Which of the following answers is incorrect regarding the Naive Bayes algorithm?Select the best answer (as an incorrect claim)Select one:A.The algorithm uses the conditional probability of the feature given by the class.B.The features can be discrete, but can also be continuous.C.Because we want to prevent underflow, we calculate a sum of logs of the probabilities instead of their multiplication .D.We prefer features with high dependency to get better prediction. Which of the following will most likely lead to healthy decision-making?A. Following what celebrities are doingB. Allowing friends to make decisions for youC. Resisting your immediate desiresD. Satisfying your immediate desires Speech about the topic > war The Sahara Desert is the largest in the world. What area does it mostly cover? Ultrasound is used to scan the unborn baby of a pregnant mother.The detector receives an echo from the skull of the fetus 58 us after the pulse leaves the ultrasoundscanner.Calculate the distance from the ultrasound scanner to the skull to 2 significant figures.Give the unit for your answer.(The speed of ultrasound in soft tissue is 1540 m/s Select the correct answer.The Cohen family started their wheat farm in 1995. The equation models the number of bushels of wheat they produced each year, where tis the number of years since 1995.C(t) = 7,000+500 In(t+1)The Mason family also started their wheat farm in 1995. The graph models the number of bushels of wheat they produced each year, where tis the number of years since 1995.M(1)12,0008,0004,000-24-16816 244,000-8,000+12,000Which statement is true about the quantity of wheat the two farms will produce as the years pass?OA The wheat production of both farms will continue to increase each year without bound.OB. The Cohen farm's wheat production will continue to increase each year without bound, while the Mason farm's wheatproduction will approach a stable amount.OC. The Mason farm's wheat production will continue to increase each year without bound, while the Cohen farm's wheatproduction will approach a stable amount.O D.The wheat production of both farms will approach a stable amount as the years pass.