46.9k views
0 votes
Collin invests $100 each in two accounts. Account 1 earns 0.25% compound interest monthly, and Account 2 earns 0.25% simple interest monthly. Write two functions that model each account's balance in dollars, after t months.

Account 1: B1(t)=100(1.0025)t;

Account 2: B2(t)=100+0.25t




Account 1: B1(t)=100(1.0025)t;

Account 2: B2(t)=100+25t




Account 1: B1(t)=100(1.025)t;

Account 2: B2(t)=100+0.25t




Account 1: B1(t)=100(1.025)t;

Account 2: B2(t)=100+25t

1 Answer

6 votes

Answer:

D

Explanation:

User Kanti
by
5.0k points