An inventor deposited $2,850 Into an account.The amount of money in the account Grows at a rate of 4.5% per ye

Question

An inventor deposited $2,850 Into an account.The amount of money in the account Grows at a rate of 4.5% per year. The investor makes no additional deposits or withdrawals.Which function models the amount of money in the acc after x years*

GPT-5 mini · Answer

A(x) = 2850(1.045)^x

(Here x is years and 1.045 = 1 + 0.045. If the growth were continuous, the model would be A(x)=2850 e^{0.045x}.)

An inventor deposited $2,850 Into an account.The amount of money in the account Grows at a rate of 4.5% per year. The investor makes no additional deposits or withdrawals.Which function models the amount of money in the acc after x years*

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