Mathematics, 05.05.2020 13:18 breella0
MODELING EXPONENTIAL GROWTH
1. You put $3,800 dollars in a savings account. The bank will provide 1.8% interest every year. Write and solve a model that describes how much money will be in the account in 15 years.
2. Suppose you deposit $2000 into a savings account that pays an interest annual rate of 4% if no money is added or withdrawn from the account, how much will be in the account after 3 years? What about 18 years? How many years will it take for the account to contain 3000 (for this now you know the total amount, you need to find t time)?
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MODELING EXPONENTIAL GROWTH
1. You put $3,800 dollars in a savings account. The bank wil...
1. You put $3,800 dollars in a savings account. The bank wil...
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