Seudónimo Seudónimo
  • 17-11-2020
  • Mathematics
contestada

You deposit $500 into a savings account that increasing by 7% interest annually. Write the function that represents the balance after t years. Then what is the balance after 2 years.

Respuesta :

TheVOD
TheVOD TheVOD
  • 17-11-2020

Step-by-step explanation:

500 ×1.07^t <-- function (I think)

500 × 1 07^2 = $572.45 <-- balance after 2 years

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