Larry S. answered • 05/24/20
Tutor
5
(619)
Cornell Engineering Grad for SAT Math, Physics, all High School Math!
June D.
asked • 11/30/16Exponential Growth Question
A savings account is started with an initial deposit of $500. The account earns 1.5% interest compounded annually.
a. Write an equation to represent the amount of money in the account as a function of time in years.
b. Find the amount of time it takes for the account balance to reach $800. Show your work.
a. Write an equation to represent the amount of money in the account as a function of time in years.
b. Find the amount of time it takes for the account balance to reach $800. Show your work.
Follow
•
2
Add comment
More
Report
1 Expert Answer
Still looking for help? Get the right answer, fast.
Ask a question for free
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Find an Online Tutor Now
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.
