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16 February, 09:00

Ella deposited $2500 into a savings account. The relationship between the time, t, in years, since the account was first opened, and Ella's account balance, B (t), in dollars, is modeled by the following function.

B (t) = 2500⋅e^0.025t

What will the balance of Ella's savings account be after 4 years?

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  1. 16 February, 09:04
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    She will have $2762.927

    Step-by-step explanation:

    The modeled function is

    B (t) = 2500*e^0.025t

    Where t represent the time in years. In four years, her account would be

    B (t) = 2500 * e^0.025 (4)

    B (t) = 2500 * e^0.1

    B (t) = 2762.927

    In four years, Ella would have $2762.927 in her account
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