Question

PLEASE HELP. 90 POINTS!

Brad wants to open a new savings account. He finds one that returns 3% on his investment each year

Assign a variable to each of the following pieces of information:
final balance
initial investment
return rate

Use the variables to write a formula for the final balance after 1 year.
Use the variables to write a formula for the final balance after 3 years.
What pattern is forming?
Now assign a variable for time.
Use all the variables to write a formula to find the final balance of the savings account after any number of years.
Assume that Brad makes an initial investment of $2,000. Use your formula to find the final balance of the savings account after 15 years.

Answer 1

Answer:

the above is the answee

Answer 2

hey mate here is your answer...