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
Answers: 1
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