3. A principal of (A) OR is deposited in an account that pays A/100 interest compounded yearly. Account balance function in response of time (years)is B(y) = I(1+c)' %3D I: initial value c: interest compounded yearly A=347, W=19, R=9347 y: time in year a. Find the account balance after W months. b. Show by graphing if B(y) function is increasing or decreasing. c. After how many years the account balance will be (R) OR.

3. A principal of (A) OR is deposited in an account that pays A/100 interest compounded yearly. Account balance function in response of time (years)is B(y) = I(1+c)' %3D I: initial value c: interest compounded yearly A=347, W=19, R=9347 y: time in year a. Find the account balance after W months. b. Show by graphing if B(y) function is increasing or decreasing. c. After how many years the account balance will be (R) OR.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...

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