Question

In the savings plan formula, assuming all other variables are constant, the accumulated balance in the savings account
a. increases as APR increases.
b. decreases as Y increases.
c. decreases as n increases

Answer 1

what is the question?

Answer 2

what happens to the savings?

Answer 3

Ya I think so

Answer 4

or give a formula?

Answer 5

No formula. See there are three options above?

Answer 6

a, b, & c

Answer 7

it looks like A

Answer 8

because APR is and exponent of "e"

Answer 9

so it would increase the total value

Answer 10

cool?