Advanced Placement (AP), 06.05.2021 18:20 MarianaF
Robbie opens an account at a local bank by depositing $100. The account pays 2.4% interest,
compounded weekly. He deposits $100 every week for three years.
a. How much is in the account after three years?
b. Write the future value function if x represents the number of weeks.
c. Using a graphing calculator to graph the future value function.
d. Using the graph, what is the approximate balance after 3 years?
Answers: 3
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Robbie opens an account at a local bank by depositing $100. The account pays 2.4% interest,
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