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February 28, 2015

Homework Help: Precalculus

Posted by jh on Thursday, March 4, 2010 at 6:11pm.

NEED HELP ASAP PLEASE!!
A savings account starts with $600 and pays 5% interest per year, compounded four times per year.
a) A function that models the amount in dollars in the bank account after m years is A(m)=____________?
b) How much will be in the savings account after 3 years? $______?
c) The amount in the account will exceed $1400 after ________ years.

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