The growth of a certain savings account is described by the table below: t (years) S(t) (amount in t years) 1 2 3 $3200 $3280 $3362 $3446.06 Find the formula that describes the growth of this savings account. A s(t) = 3200(1 + .025)* B s(t) = 4200(1 + .044)* S(t) = 3200(1 + .069)* S(t) = 3200(1 + .042)*

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.2: Evaluate And Graph Exponential Functions
Problem 10.31TI: Angela invested $15,000 in a savings account. If the interest rate is 4%, how much will be in the...
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The growth of a certain savings account is described by the table below:
t (years)
S(t) (amount in t
years)
1
2
3
$3200 $3280 $3362 $3446.06
Find the formula that describes the growth of this savings account.
A s(t) = 3200(1+ .025)*
В
s(t) = 4200(1 + .044)e
© s(t) = 3200(1+.069)
S(t) = 3200(1 + .042)*
Transcribed Image Text:The growth of a certain savings account is described by the table below: t (years) S(t) (amount in t years) 1 2 3 $3200 $3280 $3362 $3446.06 Find the formula that describes the growth of this savings account. A s(t) = 3200(1+ .025)* В s(t) = 4200(1 + .044)e © s(t) = 3200(1+.069) S(t) = 3200(1 + .042)*
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