Your grandma has a computer and is pretty technologically savvy. She wants to open an account at a bank that will provide her pe
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Answer:
Step-by-step explanation:
If y is the future value of the $1900 investment, in dollars, after t years at a rate of 3.75% per year, compounded annually. The exponential function that describes the relationship between the variables y and t is:
This relationship means that for every year t, the amount y will increase by a factor of 1.0375.