Lily manipulated the function representing account b in order to compare the rates of accounts a and b. her work is
shown here:
b(t) = 3,000(1.008)120
= 3,000(1.008)4•
= 3,000(1.008)4.4
= 3,000(1.0084,4
- 3,000(1.0324)*
which statement is true?
lily should have multiplied 1.008 by 4 instead of raising 1.008 to the power of 4.
lily didn't make any mistakes.
lily should have divided 12 by 4 instead of 3.
lily should have raised 1.008 to the power of 3 instead of 4.
what statement is true