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Tatiana deposits $600 into a bank account that pays 4.75% interest compounded annually. The expression(1 + 0.0475)t represents the number of dollars in the account after t years…

Tatiana deposits $600 into a bank account that pays 4.75% interest compounded annually. The expression(1 + 0.0475)t represents the number of dollars in the account after t years…
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Tatiana deposits $600 into a bank account that pays 4.75% interest compounded annually. The expression(1 + 0.0475)t represents the number of dollars in the account after t years for every dollar in the original balance. Which of the following is a reasonable interpretation of the expression 600(1 + 0.0475)t in this context?

A: The amount of interest the account earns after 1 year

B:The amount of interest the account earns after 600 years

C:The amount of money in the account after 1 year

D:The amount of money in the account after t years

asked
User Rubenfa
by
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2 Answers

1 vote

Answer:

the answer is d just trust me im doing this test right now

Explanation:

answered
User Pinkey
by
7.7k points
4 votes

Answer:

b

Explanation:

answered
User Colleen Larsen
by
7.8k points
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