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Edwin has been saving money from his part-time job at Benson's Burger Shack. He put $932

into a new high-yield savings account that earns 2% interest annually.
Write an exponential equation in the form y = a(b)* that can model the amount of money in
Edwin's account, y, x years after starting the account.
Uco whole numbers decimale or simplified fractions for the values of a and b. If Edwin makes no other deposits or withdrawals, after how many years will his account have more than $1,000?

User KuKu
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1 Answer

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Answer: y = 932 (1.02)^x

Step-by-step explanation:

Edwin has been saving money from his part-time job at Benson's Burger Shack. He put-example-1
User Acarlow
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