Answer: The function that modes this situation would be: y = 475(1 + .0125)^x.
This is an example of an exponential equation. These equations are always in the form y = ab^x.
The a value is the starting value. The b value is the interest rate. The x value is the number of years.
The only thing to be careful about is the rate. We are adding 1.25% or 0.125. Make sure that you are adding 1 whole to the 1.25% and don't just use 0.125.
The mean should be about the same, because the sample is random
if you find a problem on answer respond me
