9
QuizMultiple Choice

Modeling with Functions — Unit test

Question 9 • FL-1200330-Algebra 2

A customer deposits $1,000 in an account in which the interest is compounded annually. The table below shows the balances in the account at the end of each year.Amount in Account vs. Number of YearsAmount in Account, ANumber of Years After Initial Deposit, t1,00001,08011,166.4021,259.7131,360.494Which equation best represents the data in the table?

Answer
A
A = 1000 (1.08) Superscript t
Option A
B
A = 1080 Superscript t
Option B
C
A = 1000 (1.8) Superscript t
Option C
D
A = 800 Superscript t
Option D
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