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#8: Linda is saving for retirement. She invest $12,000 in a retirement fund that pays 4% each year. Write an exponential function that models the amount earned after x years

#8: Linda is saving for retirement. She invest $12,000 in a retirement fund that pays 4% each year. Write an exponential function that models the amount earned after x years
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10 votes
#8: Linda is saving for retirement. She invest $12,000 in a retirement fund

that pays 4% each year. Write an exponential function that models the
amount earned after x years

User Sktan
by
7.4k points

1 Answer

3 votes

Answer:

12000(1+.04)^x

Explanation:

12000(1+.04)^x

User OPfan
by
7.8k points
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