Asavings account is started with an initial deposit of $500. the account earns 1.5% interest compounded annually. (a) write an equation to represent the amount of money in the account as a function of time in years. (b) find the amount of time it takes for the account balance to reach $800. show your work.

$655.61 which is option c

step-by-step explanation:

price of house =   $146,000

initial rate = 3.5%

mortgaged paid in this = 3.5 % of $146,000

                                        =

                                        =$5110

the total years would be = 7

total mortgaged paid = 7 * $5110

                                      =$35770

remaining money = $146000-35770

                                =$110230

new mortgaged payment = 5 % of 110230

                                            =  

                                            =$655.61