lilyella1004
lilyella1004
05.05.2020 • 
Mathematics

A bank charges a fee of 0.5% per month for having a checking account. Stephani’s account has $325 in it. Which function models the balance of Stephani’s account, B(t), in dollars, as a function of time, t, in months?

a: B(t) = 325(0.0995)t

b: B(t) = 325(0.005)t

c: B(t) = 0.05(325)t

d: B(t) = 325 + 12(0.005)t

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