Ask Question
28 February, 09:41

3. 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 yea

(b) Find the amount of time it takes for the account balance to reach $800.

+1
Answers (1)
  1. 28 February, 10:10
    0
    I think it is A

    Step-by-step explanation:

    I think it is A because it says the account earns 1.5 percent
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “3. A savings account is started with an initial deposit of $500. The account earns 1.5% interest compounded annually. (a) Write an equation ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers