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You invest $1,000 into your retirement account. Your money earns 12% per year (in other words, your money grows 12% per year). What exponential function below represents this situation?

You invest $1,000 into your retirement account. Your money earns 12% per year (in-example-1

2 Answers

6 votes
the answer is C, hope this helps! good luck.
User Jed Anderson
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10 votes

Answer:

third one down from the top

Explanation:

You need to multiply 1000 by 1.12 so you start with the 1000 and continue getting higher based on the number of months

User Bdifferent
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