Using the given exponential function, it is found that it will take 1.5 years for the amount of savings to double from the initial amount deposited of $1250.
<h3>Exponential function:</h3>
The <em>exponential function</em> that models the savings in the bank account is given by:

- In which t is the time in years that the money has been in the account.
The time to double from the initial amount deposited of $1250 is t for which S(t) = 2(1250) = 2500, hence:








It will take 1.5 years for the amount of savings to double from the initial amount deposited of $1250.
To learn more about exponential functions, you can take a look at brainly.com/question/14855561
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EVALUATE
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you know it would be nice
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