An account is opened with 7,595 point 9 6 dollars with a rate of increase of 2 percent per year. After 1 year, the bank account contains 7,746 point 9 0 dollars Assuming no deposits or withdrawals are made, which equation can be used to find y , the amount of money in the account after x years? (Round money values to the nearest penny.)
Answer
A
y is equal to 7,595 point 9 6 times 1 point 0 2 to the x th power
B
y is equal to 7,746 point 9 0 times 0 point 0 2 to the x th power
C
y is equal to 7,595 point 9 6 times 0 point 0 2 to the x th power
D
y is equal to 7,746 point 9 0 times 1 point 0 2 to the x th power