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help with a graphing problem
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use the date from problem 2 to graph your equation from problem 1(use an x-scale of 5 years and a y scale of $1000.)
grace deposits $1000 in a mutual fund earning 9.5% annual interest, compounded monthly problem 1 write an exponential function that models this situation where y is the amount of grace's investment and x is the time in years
the answer is y=1000(1+0.095/12) a=1000(1+0.095/12)^12t
problem 2 is use your equation from problem 1 to complete the chart to the right
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this the chart
|dw:1388523467275:dw|
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