Question

You invest $1,000 into your retirement account. Your money earns 12% per year (in other words, your money grows 12% per year). What exponential function below represents this situation?

Answer 1

Answer:

third one down from the top

Step-by-step explanation:

You need to multiply 1000 by 1.12 so you start with the 1000 and continue getting higher based on the number of months

Answer 2

The answer is C, hope this helps! good luck.