$710 is invested in an account earning 3.7% interest (APR), compounded monthly. Write a function showing the value of the account after tt years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY), to the nearest hundredth of a percent.

Answer

Attempt 2 out of 2

Function: f, of, t, equalsf(t)=

left bracket(

right bracket)







Growth



% increase per year