Mathematics, 04.01.2020 10:31 swordnewsnetwork

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 $800. show your work.

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