Mathematics, 11.11.2020 03:30 nelsy7610
Henri puts aside $10 cash every month in a shoebox. He also makes a one-time deposit of $1,500 in a savings account at 9% annual interest, compounded yearly.
Amount of shoebox savings: f(t) = 120t
Amount of savings account: g(t) = 1,500(1.09)t
Which function represents the amount of money Henri will have after t years?
(f + g)(t) = 1,500(1.09)t + 120t, t β₯ 0
(f + g)(t) = 1,500 + 120t (1.09)t, t β₯ 0
(f β g)(t) = 1,500(130.8t)t, t β₯ 0
(f β g)(t) = 1,500(121.09t)t, t β₯ 0
Answers: 1
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