A savings account is started with an initial deposit of $700. The account earns 1.5% interest compounded annually. Write an equa
tion to represent the amount of money in the account as a function of time in years. Then find the amount of time it takes for the account balance to reach $1,200. Show your work.
From the given, we expressed the time that each of the team members ran in mathematical expression.
Reggie = 57.12 seconds Alvin = 57.12 + 2.45 seconds = 59.57 seconds Jose = 57.12 - 3.81 seconds = 53.31 seconds We then sum up all the time we calculate to determine the total time for the team. The answer is therefore 170 seconds.
