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24 September, 23:26

Consider the function A = 200 (1.015) t, where A is the amount of money in an account t years after it is opened.

Choose all of the true statements about this function.

The initial deposit is $1015.

The initial deposit is $200.

The annual interest rate is 15%.

The annual interest rate is 1.5%

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Answers (1)
  1. 24 September, 23:56
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    The answer is "the initial deposit is $200" and "the annual interest rate is 1.5%"
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