Question

Grace deposits $1000 in a mutual fund earning 9.5% annual interest, compounded monthly. how do i write an exponential function that models the situation where y= the amount of graces investment and x is time in years? help will mail you a cookie

Answer 1

Good morning!

Answer 2

srry I don't understand your problem :/

Answer 3

maybe Tyler or Jazy can help u

Answer 4

@evergirl grrrrr the formula for it is \[y=ab\] just dont know hwo to get it

Answer 5

\[y=ab ^{x}\]

Answer 6

@jazy @evergirl

Answer 7

hold on...