Question

You deposit $200 in a savings account that earns 5% annual interest compounded yearly , You do not make any other deposits or withdrawals.

A) Write a function that models the balance in the account over time

B) Find the balance in the account after 3 years

*PLEASE HELP*

Answer 1

5 percent of 200 equals 10, so in three years, you would have about 230 bucks.