Answer:
a. $3150
b. $3307.50, $3472.875
c. B(n) = 3000(1.05)^t
Step-by-step explanation:
just a disclaimer i havent done interest in a while so this might not be right
also im assuming this is compound interest
a. P = original amount; r = interest percentage, x = amount of total money
x = P(1 + (r/100)) = 3000(1 + 0.05) = 3150
b. x = 3000(1.05)^2,3 = 3307.5, 3472.875
c. B(n) = P(1+(r/100)^t for t in years. plug in the values to get B(n) = 3000(1.05)^t
