Mathematics, 22.02.2021 21:50 joset238
Connie deposits $30 into an account. The value of the account, in dollars, can be modeled as V(t) = 30 (1.05)^t , where t is the time, in years, since opening the account.
To the nearest cent, What is the average rate of change in the value of the account for the first 3 years?
A. $0.63/year
B. $1.58/year
C. $3.15/year
D. $4.73/year
Answers: 3
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