Part A Complete the table to show the number of times per year that account 3 compounds interest. Then, use that value to
write the exponential expression that models the amount of money Brianna would have for account 3 after t years. The
math process used to write the exponential expression for account 4 has been modeled for you:
Account 4: r = 0.03425, and n = 365 because the interest is compounded daily.
Because $250 is the initial deposit, P = 250.
Therefore, this is the expression:
P(1 + 5) t = 250(1 + 0.03425 7365– 250(1.0000938)365t.
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A. A
: E
Table
Expression for the Amount of Money
after t Years
Number of Times Interest
is Compounded per Year
Account
1
250(1.035)
2
12
250(1.002896)12
3
4
365
250(1.0000938)365+
No