Question

Consider this scenario: You deposit $3500 into an account that earns

10% interest compounded annually. Which equation below models the
account balance over time in years? *

•B = 3500(1 + 0.1)*t
•B = 10(1 + 0.35)^t
•B = 10(3500)^t
•B = 3500(0.10)^t

Answer 1

I think it's the first one

Answer 2

D. 3500(0.10)^t

Explanation:

because that's how you get percentage