Mathematics, 01.03.2021 02:50, Furyplayzzz

Could you please explain how you would solve this?? Alix invested her graduation money of
$1,750 in an annuity that pays an
interest rate of 6% compounded
annually. Alix wants to determine the
amount of money that will be in the
account after a certain number of years
if she leaves the money in the account
and doesn’t make any deposits or
withdrawals. Which function can Alix use
to describe her investment growth?
A. ݂f(x)=1750(0.06)^x
B. f(x)= ݂1750(1.06)^x
C. f(x)=1750(0.94)^x
D. f(x)=1750(x)^1.06

Answers: 1

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Could you please explain how you would solve this?? Alix invested her graduation money of
$1,...