Mathematics
Mathematics, 16.06.2020 06:57, zimbabwayjerry

Please I could really use some help on this (100 points) Aunt Ga Ga gave you $5,500 to save for college. You deposit the money in a savings account that earns 4% annual interest, compounded quarterly. (Show your work for each question)

a. Write an exponential function to model this situation. Define your variables.

b. What will the value of the account be after 2 years?

c. how long would it take the account to be worth $10,000?

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Answers: 2

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