Asavings account compounds interest, at a rate of 25% once a year. eve puts 500 in the account as the principal. how can eve set up a function to track the amount of money she has?

Function to track the amount of money Eve has is

Step-by-step explanation:

Given:

Principal Amount in the account, P = $ 500

Rate of interest, r = 25%

Interest is compounded annually.

To write a function to track amount in the account.

We use the Formula of amount of the compound interest.

By, Substituting given values we have

Amount in the account,

where, n is number of year.

Therefore, Function to track the amount of money Eve has is

15 units use socratic

step-by-step explanation: 15 units