111. dani has $1,000 in an investment account that earns 3% per year, compounded monthly.
c. write an explicit formula for the amount of money in her account after t years.

Step-by-step explanation:

The compound interest formula is given by:

Where A(t) is the amount of money in the account after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the number of years the money is invested or borrowed for.

For this problem, we have that:

The investment is compounded monthly. There are 12 months in a year. So

The interest rate is 3%. So .

So

The amount of money in her account after t years is:

is only a line? i think so

translate k to n and reflect across the line containing jk.