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The table shows the balance of a money market account over time. Write a function that represents the balance y (in dollars) after t years.

The table shows the balance of a money market account over time Write a function that represents the balance y in dollars after t years class=

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sqdancefan

Answer:

  y = 200·1.15^t

Step-by-step explanation:

The ratio from one year to the next is 1.15, so the balance is a geometric sequence. Since t starts at zero, we can write the balance (y) after t years as ...

  y = initial value · (common ratio)^t

  y = 200·1.15^t

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