Daniel opens a savings account and deposits $100 into it. each year, the amount of money in his account increases by 5%. use the drop-down menus to complete an inequality that can be solved to find how much time, t, it will take for there to be at least $500 in daniel's account.

Step-by-step explanation:

Given,

The initial deposit, P = $ 100,

Annual increasing rate, r = 5 %,

Thus, the amount after t years,

According to the question,

A ≥ $ 500

Which is the required inequality that can be used the value of t.

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