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HELPPPPPP PLEASEEEEEEE A business invests $10,000 in an account that earns 3.2% interest that is compounded quarterly. What type of function best represents the growth of the investment? ◻ linear ◻ quadratic
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HELPPPPPP PLEASEEEEEEE

A business invests $10,000 in an
account that earns 3.2% interest
that is compounded quarterly.
What type of function best
represents the growth of the
investment?
◻ linear
◻ quadratic
◻ exponential

User Wcarhart
by
8.2k points

1 Answer

5 votes
It is an exponential function.
User AggelosK
by
8.2k points
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