(a) Let B=5750(1.045) give the balance of a bank account

Last updated: 7/11/2022

(a) Let B=5750(1.045) give the balance of a bank account after t years. If the formula for B is written B=5750e, estimate the value of k correct to four decimal places. (b) The balance of a bank account after t years is given by the formula B = 8750e002. If the formula for B is written B= 87508, find b exactly, and give the value of b correct to decimal places.