Question

Henry begins a savings account with $500. The savings account accumulates 2.5% annual interest based on the equation mc012-1.jpg, where Vh is the value of the account after t years. Andres begins a savings account three years later with the same initial amount of money at the same interest rate. Which equations represent the value of Andres’s account after t years?

Answer 1

Va=500(1.025)^^t-3
and Va=464.30(1.025)^^t
hope this helps you with what ure wanting  if not my bad.

Answer 2

The answer is A.

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