Question

The amount of money in a bank account with an initial balance of $15,000 earns 3% per year. In an exponential model of the form y = A*B^x, which value would represent B in the function? a) 15,000 b) 3 c) 1.30 d) 1.03

Answer 1

The equation says
Y=a(1+r)^x
Y=15000(1+0.03)^c
So the is d

Answer 2

i think Its c) 1.30 because you divide the numbers and the answers show up