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Mathematics, 17.02.2022 05:20 tony7135

Mark is using two functions to determine how much money he will have in his account after t years. He uses the constant function f(t)= 2500 and an exponential function g(t)=1.05' to create the function h(t)= f(t):g(t) which represents the value, in dollars, of his account earning interest. Based on the function h(t), what will be the value of the account after 8 years? Round to the nearest dollar.

1. $2625
2. $3694
3. $20,000
4. $21,000

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Answers: 2

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