2. EX A principal amount of $1500 earns a an interest rate of 4.5% compounded semiannually
for 32 years. How much is left in the account after that time?
3. EX You have a friend who likes pepsi a lot. So for his birthday, you buy him 24 cans of
pepsi but you want to wrap each one seperately in wrapping paper. The height of
each pepsi can is 7 cm and the diameter is 3 cm. If the cost of wrapping paper is
$0.25 per cm2, what will it cost you to wrap all the cans?
