brookcoyanpeus5y
brookcoyanpeus5y
16.07.2019 • 
Mathematics

Sam opened a savings account with an initial deposit of $2,000. since then, he has never made any other deposits or withdrawals. his savings account earns 0.4% interest monthly and an annual bonus of 1.5% interest. which equation gives the approximate amount, a(x), he has in his savings account as a function of x, the number of years since his initial deposit? a(x) ≈ 2,000 + (1.059)x3 a(x) ≈ 2,000(1.019)x2 a(x) ≈ 2,000(1.065)x a(x) ≈ 2,000(1.059)x2

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