Don makes an initial deposit of 100 dollars in an interest-bearing savings account, which is continuously compounded at a fixed rate of 3.5%. After the initial deposit, no money is deposited or withdrawn from the account.
The balance of the account, Act), can be modeled by an exponential function, where is the number of years that the money has
been in the account. Which of the following correctly models the situation above and gives the correct domain?
OA. A(t) = $100 (0.035t)
Domain: [0,00)
OB. A(t) = $100 (0.35t)
Domain: (0, 100)
OC. A(t) = $100 (0.035t)
Domain: [0, 100)
OD. A(t) = $100 (0.035t)
Domain: (-0, 100)