3. a savings account is started with an initial deposit of $500. the account earns 1.5% interest compounded annually.(a) write an equation to represent the amount of money in the account as a function of time in years.(b) find the amount of time it takes for the account balance to reach $900. show your work.

$900 = $500 * 0.015 * B

Step-by-step explanation:

Intrest = Principal * Rate * time

Total Amount= Principal + Intrest

B = years

$500 = Principal

1.5% = Rate (0.015)

$900= Total amount

news channels,news papers,and the internet

look at the picture.

y-intercept for the function on a picture is 4 → point (0, 4).

y-intercept for the function

is for x = 0. substitute:

y-intercept is 8 → point (0, 8).