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31 votes
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
User Felix Borzik
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2 Answers

17 votes
17 votes
the answer is C, hope this helps! good luck.
User Myung
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2.8k points
17 votes
17 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 Dolbysurnd
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