Question

HELPP PLEASE

$870 is invested in an account earning 5.7% interest (APR), compounded quarterly.
Write a function showing the value of the account after t years, where the annual
growth rate can be found from a constant in the function. Round all coefficients in
the function to four decimal places. Also, determine the percentage of growth per
year (APY), to the nearest hundredth of a percent.

Answer 1

Answer is f(t)= 870(1.0582)t

5.82% increased per year

Explanation:

Answer 2

152.6315 is because If you dived 870 by 5.7 it will be that.