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18 September, 03:57

The amount of money in a bank account with an initial balance of $15,000 earns 3% per year. In an exponential model of the form y = A*B^x, which value would represent B in the function? a) 15,000 b) 3 c) 1.30 d) 1.03

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Answers (2)
  1. 18 September, 04:10
    0
    The equation says

    Y=a (1+r) ^x

    Y=15000 (1+0.03) ^c

    So the is d
  2. 18 September, 07:55
    0
    I think Its c) 1.30 because you divide the numbers and the answers show up
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