Question

Please help i need to turn this in!!!

Answer 1

Answer:

a. $3150

b. $3307.50, $3472.875

c. B(n) = 3000(1.05)^t

Step-by-step explanation:

just a disclaimer i havent done interest in a while so this might not be right

also im assuming this is compound interest

a. P = original amount; r = interest percentage, x = amount of total money

x = P(1 + (r/100)) = 3000(1 + 0.05) = 3150

b. x = 3000(1.05)^2,3 = 3307.5, 3472.875

c. B(n) = P(1+(r/100)^t for t in years. plug in the values to get B(n) = 3000(1.05)^t