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Nat2105 [25]
3 years ago
9

A savings account compounds interest, at a rate of 17%, once a year. John puts $1,000 in the account as the principal. How can J

ohn set up a function to track the amount of money he has? A(x) = 1000(17)x where 17 is the interest rate A(x) = 1000(.17)x where .17 is the interest rate A(x) = 1000(1 + .17)x where .17 is the interest rate A(x) = 1000(1 + 17)x where 17 is the interest rate
Mathematics
1 answer:
Dafna1 [17]3 years ago
5 0
The answer would be f(t)= 1000(1+0.75)^t
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<h2><u>Definitions/How to Find It</u></h2>

Mean - The average of all of the numbers. Add up all of the numbers then divide it by the total number of numbers.

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