6. A bank account has a balance of 1,000 dollars. It grows by a factor of 1.04 each year.a. Explain why the balance, in dollars, is a function, f, of the number of years, t,since the account was opened.2nolbnutnobsups s16gnoo bos youteb. Write an equation defining f.yenoM o aalbnso?

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Answered: 6. A bank account has a balance of…

Elementary Geometry For College Students, 7e

7th Edition

ISBN:9781337614085

Author:Alexander, Daniel C.; Koeberlein, Geralyn M.

Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.

ChapterP: Preliminary Concepts

SectionP.CT: Test

Problem 1CT

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6. A bank account has a balance of 1,000 dollars. It grows by a factor of 1.04 each year. a. Explain why the balance, in dollars, is a function, f, of the number of years, t, since the account was opened. Sups s16q bos ybute b. Write an equation defining f. yenoM ao gnlbns92