Write an exponential equation for the following scenario, $1000 is deposited into an account that earns 5% interest. a) y=1000(5) b) y=1000(.05)^2 c) y=1000(1.05)^x d) y=5(1000)^x

The formula to find the final amount A, compounded yearly for x year at r% when p is the initial amount :

Given that, $1000 is deposited into an account that earns 5% interest.

So, p = 1000 and r =5% = 5/100= 0.05.

Next step is to plug in these values in the above equation to get the equation.

Hence,

=

So, the correct choice is C) y=1000(1.05)^x.

Hope this helps you!

step-by-step explanation:

i think you should think about the question and not look online.

to plot points   for x just start at the origin (middle) and go to the left however many times it say(if the number is a positive) if the number is a negative then go right however many times it says if it is 0 go nowhere

now keep you pencil there and go up however many times it says on y(if it is positive) if it is negative then go down however many times it says. if it says 0 go nowhere.

you have just plotted a point! now when you finish plotting all of them connect them with a ruler

plot each point as (-3, 7), (0,4), (3,1), (8,-4)   in the parenthesis on the left of the comma is x and the right is y.