Mathematics, 17.08.2021 01:50 unknown5960

Select all the correct answers. Leo is looking at two different savings plans. The first plan requires an initial deposit of $500 and grows at an annual interest rate of 2.5%. The
second plan requires an initial deposit of $400 and interest grows continuously at a rate of 2% per year.
Leo wrote a system of equations to represent the account balance of either plan, y, after x years. Which two equations are part of the system?

y=500e^0.025
y=400e^2x
y=400e^0.02x
y=400(1.02)x
y=500(1.25)x
y=500(1.025)x

Answers: 3

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Select all the correct answers. Leo is looking at two different savings plans. The first plan requi...