Mathematics
Mathematics, 12.01.2021 19:00, jadawada223

Marcus has opened a savings account where the yearly interest rate is 10%. He deposits $1,000 to start the account. After t years, the amount of money in the account is modeled by the function An=1,0001+0.10t. Which functions below would be an approximate equivalent function? Select all that apply.

A. An=1,000(1.10)t
B. An=1,000(1+0.008)^12t
C. An=1,000(1+0.46)^4t
D. An=1,000(1.008)^t/12
E. An=1,000(1.46)^t/4

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Answers: 2

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Marcus has opened a savings account where the yearly interest rate is 10%. He deposits $1,000 to sta...

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