Mathematics, 16.04.2020 21:04 srshelton

A bank account earning annual compound interest was opened, and no additional deposits or withdrawals were made after the initial deposit. The balance in the account after x years can be modeled by b(x)=850(1.025)^ x . Which statement is the best interpretation of one of the values in this function ?

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A bank account earning annual compound interest was opened, and no additional deposits or withdrawal...