anatejedor anatejedor
  • 24-02-2017
  • Mathematics
contestada

An initial deposit of $50 is made into an account that had a 5% interest rate compounded annually. Which expression shows the amount of money in the account after t years?
50(105)^t
50(1.05)^t
50(.05)^t
50(5)^t

Respuesta :

Аноним Аноним
  • 24-02-2017
5% = 0.05 so the amount increases by a factor of 1.05 each year

B is the answer
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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 24-02-2017
B is the answer to your question
Answer Link

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