186k views
0 votes
Paula puts an initial $100 into a savings account. The account has a 3% annual compound interest rate. Create the function that models Paula’s savings account. Use that to find the amount of money in her account after 5 years.

User Jengfad
by
8.4k points

1 Answer

5 votes
$100*0.03=3 dollars*5 years= $15
User Nidhin Chandran
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories