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Medium Math · Advanced Math · Nonlinear functions · MCQ

A company opens an account with an initial balance of $36,100.00 . The account earns interest, and no additional deposits or withdrawals are made. The account balance is given by an exponential function A , where A(t) is the account balance, in dollars, t years after the account is opened. The account balance after 13 years is $68,071.93 . Which equation could define A ?

  1. A

    At=36,100.00 1.05t

  2. B

    At=31,971.93 1.05t

  3. C

    At=31,971.93 0.05t

  4. D

    At=36,100.00 0.05t

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id cb_question_bank:be6a42a0-ee10-474c-8a87-9e7b0e254d11 · question d8ace155 · JSON