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Mathematics, 10.03.2021 22:40, MysteryDove12
Brian is checking out his retirement savings. he currently has $318,000 in his account, which earns an interest rate of 7% compounded annually. he wants to determine how much he will have in the account in the future, even if he makes no additional contributions to the account.
a) write a function, to represent the amount of money that will be in his account in t years.
b) brian's goal is to save $1,000,000. determine
algebraically, to the nearest year, how many years it will
take for him to achieve his goal.
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Answers: 2
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