question 1- The population of a town in 2005 was 16,500. The population has increased at a rate of 12% per year since then. graph the population growth over time since 2005.

Question

question 2- Nathan wants to put $500 into a savings account. If he puts the money into an account at a local credit union it will earn 2% interest per month. The function below represents how much money will be in the account if he puts the money into an account for x months at a local bank.
g(x) = 500(1.015)x
After 1 year, which account would have more money in it and approximately how much more money would be in that account?

THANK YOUUU

Answer 1

y = 16500 * 1.12^x
You know that all such exponential graphs (y = a*b^x) have a horizontal asymptote of y=0 and go through (0,a)

(1 + 0.02/12)^12 = 1.020184 > 1.015