1 Since birth Harold has had a savings account that has been growing at a...

80.2K

Verified Solution

Question

Algebra

image

1 Since birth Harold has had a savings account that has been growing at a rate of 1 per year The amount of money in the account can be modeled by the equation y P 1 01 where y is the value of the account and is the number of years and P was the original deposit amount How much money is in the account if Harold is 60 years old and the original deposit was 4000 O 6987 31 O 7575 06 O 7266 79 O 6553 25 OC M

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students