Write an exponential equation for the following scenario, $1000 is deposited into an account that earns 5% interest. a) y=1000(5) b) y=1000(.05)^2 c) y=1000(1.05)^x d) y=5(1000)^x

The formula to find the final amount A, compounded yearly for x year at r% when p is the initial amount :

Given that, $1000 is deposited into an account that earns 5% interest.

So, p = 1000 and r =5% = 5/100= 0.05.

Next step is to plug in these values in the above equation to get the equation.

Hence,

=

So, the correct choice is C) y=1000(1.05)^x.

Hope this helps you!

add a pic of the graph, then ill edit this "answer" and solve it for you : 3

step-by-step explanation:

134.6 us dollars

step-by-step explanation:

1 us dollar = 1.33 canadian dollars

so, 150 us dollars = 150 × 1.33 = $199.5.

in canada, the money mitchell spent = 20 canadian dollars.

remaining canadian dollars with him = 199.5 - 20 = 179.5.

after mitchell returned to us, he exchanged the remaining canadian dollars to us dollars.

179.5 canadian dollars = 179.5 × 0.75 = 134.6 us dollars.