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QuizMultiple Choice

Rewriting Exponential Functions

Question 1 • (AG Q1) Keystone Algebra 1 Block: 26-27 (DDiamond)

Leela invests $500 at 4.5% interest according to the equation , where Vl is the value of the account after t years. Adele invests the same amount of money at the same interest rate, but begins investing two years earlier according to the equation . The total value of Adele’s account is approximately what percent of the total value of Leela’s account at any time, t?

Question illustration
Answer
A
101.3%
B
104.5%
C
109.0%
D
109.2%
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