Mathematics
Mathematics, 01.02.2021 17:10, chjam265

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

answer
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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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