A principal amount of $2,000 is placed in a savings account with an 8% annual interest rate, compounded semi-annually. Which table best models the growth of the account balance? O 0 1 2 3 4 y $2,000 $2,163.20 $2,339.72 $2,530.64 $2,737.14 O 0 1 2 3 4 y $2,000 $2,166.57 $2,347.02 $2,542.50 $2,754.26 X O 0 1 2 3 4 y $2,000 $2,008 $2,016 $2,024 $2,032 0 1 2 3 4 y $2,000 $2,160 $2,320 $2,480 $2,640
A principal amount of $2,000 is placed in a savings account with an 8% annual interest rate, compounded semi-annually. Which table best models the growth of the account balance? O 0 1 2 3 4 y $2,000 $2,163.20 $2,339.72 $2,530.64 $2,737.14 O 0 1 2 3 4 y $2,000 $2,166.57 $2,347.02 $2,542.50 $2,754.26 X O 0 1 2 3 4 y $2,000 $2,008 $2,016 $2,024 $2,032 0 1 2 3 4 y $2,000 $2,160 $2,320 $2,480 $2,640
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
Related questions
Question
![A principal amount of $2,000 is placed in a savings account with an 8% annual interest rate, compounded semi-annually. Which table best models the growth of the account
balance?
x 0
1
3
4
y $2,000 $2,163.20 $2,339.72 $2,530.64 $2,737.14
2
x 0
1
3
4
y $2,000 $2,166.57 $2,347.02 $2,542.50 $2,754.26
2
x 0
1
2
3
4
y $2,000 $2,008 $2,016 $2,024 $2,032
x 0
1
2 3 4
y $2,000 $2,160 $2,320 $2,480 $2,640](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F98e47d4e-0cb8-4ee4-afd0-d3a04fd6aafa%2F851d68ba-5819-48b6-b35b-6090ed5dee05%2Fmild7_processed.png&w=3840&q=75)
Transcribed Image Text:A principal amount of $2,000 is placed in a savings account with an 8% annual interest rate, compounded semi-annually. Which table best models the growth of the account
balance?
x 0
1
3
4
y $2,000 $2,163.20 $2,339.72 $2,530.64 $2,737.14
2
x 0
1
3
4
y $2,000 $2,166.57 $2,347.02 $2,542.50 $2,754.26
2
x 0
1
2
3
4
y $2,000 $2,008 $2,016 $2,024 $2,032
x 0
1
2 3 4
y $2,000 $2,160 $2,320 $2,480 $2,640
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