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Charmaine sold her bicycle to a friend for cash. She put the money in her drawer and forgot about it. Three months later she found the money and put it in a five year Certificate of Deposit (CD) account that earns annual interest, compounded yearly.

Write a piecewise defined function that describes the growth of the money over time. Make sure to define your variables and restrict the domain appropriately. Homework Help ✎

Let time in years

Part of the piecewise function will be a constant and part will be exponential.