## You might need: Calculator Yasemin deposited $1000 into a savings account. The relationship between the time, t, in years,

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Yasemin deposited $1000 into a savings account.

The relationship between the time, t, in years, since the account was first opened, and Yasemin’s account

balance, B(t), in dollars, is modeled by the following function.

B(t) = 1000. 20.03

How many years will it take for Yasemin’s account balance to reach $1500?

Round your answer, if necessary, to the nearest hundredth.

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2021-10-15T14:01:56+00:00
2021-10-15T14:01:56+00:00 1 Answer
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## Answers ( )

Answer:The number of years it will take for Yasemin’s account balance to reach $1500 is 13.52 years.

Step-by-step explanation:Where the model of the relationship between the time, t, in years, since the account was first opened and the and the balance in Yasemin’s account is presented as follows;

To find find out how many years it will take for Yasemin’s account balance to reach $1500, we substitute B(t) = $1500 since we are told that after the years his account balance became $1500 as follows;

We now solve for t

The number of years it will take for Yasemin’s account balance to reach $1500 = 13.52 years.