The amount a money in the bank account can be expressed by the exponential equation A=300(1.005)^12t where A is the amount in do
llars and t is the time in years. About how many years will it take for the amount in the account to be more than $900?
1 answer:
Answer:
It will take more than 18.35 years for the amount in the account to be more than $900
Step-by-step explanation:
The amount in the bank account can be expressed by the exponential equation :

Where A is the amount in dollars
t is the time
We are supposed to find About how many years will it take for the amount in the account to be more than $900
So, 


t>18.35
Hence It will take more than 18.35 years for the amount in the account to be more than $900
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