Asavings account compounds interest, at a rate of 17%, once a year. john puts $1,000 in the account as the principal. how can john set up a function to track the amount of money he has?

The function to track the amount is and the value of amount is $1170 .

Step-by-step explanation:

As given

A savings account compounds interest, at a rate of 17%, once a year. John puts $1,000 in the account as the principal.

The function is defined as

Where a is the principle value , r is the rate of interest in the decimal form and t is the time in years .

P = $1000

17% is written in the decimal form .

= 0.17

r = 0.17

t = 1 years

Put all the values in the function

y = $1170

Therefore the function to track the amount is and the value of amount is $1170 .

i dont know sorry

step-by-step explanation: