Mathematics
Mathematics, 10.10.2019 23:10, gunaranjan09

a savings account is started with an initial deposit of $500. the account earns 4.5% interest compounded annually.

(a) write an equation to represent the amount of money in the account as a function of time in years.
(b) find the amount of time it takes for the account balance to reach $1200. show your work.

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