Question

Javier has a savings account with an interest rate of 3.3%. he deposited $1200.00 into the account. write an equation, then graph it. how much money would he have after 6 years?

Answer 1

Total = Principal × ( 1 + Rate )^years
Total = 1,200.00 * (1.033)^6
Total = 1,200.00 * ( 1.2150717649 )
Total = 1,458.09