Mathematics, 18.12.2019 01:31 hellicuh
When carolyn was bom her grandparents opened a savings account for her with an initial balance of $5,000. the account earns an annual
percentage rate of 1.75%, compounded daily
the table shows the relationship between the savings account balance and the time, in years, since the account was opened, assuming that
carolyn does not make any deposits to or withdrawals from the account during that time.
10
15
25
20
time (years)
account balance $5,457.20 $5,956.21 $6,500.84
$7,095.28
$7,744.07
which statement accurately describes this relationship?
a to graph the relationship, time should be placed on the x axis, and the account balance should be placed on the yaxis.
b. to graph the relationship, the account balance should be placed on the x axis, and time should be placed on the yaxis.
c. to graph the relationship, the initial balance should be placed on the x axls, and time should be placed on the y-axis.
d. to graph the relationship, time should be placed on the xaxis, and the interest rate should be placed on the yaxis.
Answers: 1
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Mathematics, 21.06.2019 23:30
Ana earns 2.5% simple interest on $2,000 in her savings account. she does not make any deposits or withdrawals. after 3 years, how much interest will ana have earned on her savings account?
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