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icang [17]
2 years ago
9

Ella deposited $2500 into a savings account. The relationship between the time, t, in years, since the account was first opened,

and Ella's account balance, B(t), in dollars, is modeled by the following function.
B(t)=2500⋅e^0.025t
What will the balance of Ella's savings account be after 4 years?
Mathematics
1 answer:
olya-2409 [2.1K]2 years ago
5 0

Answer:

She will have $2762.927

Step-by-step explanation:

The modeled function is

B(t) = 2500*e^0.025t

Where t represent the time in years. In four years, her account would be

B(t) = 2500 * e^0.025(4)

B(t) = 2500 * e^0.1

B(t) = 2762.927

In four years, Ella would have $2762.927 in her account

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