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3-65.

Kristin’s grandparents started a savings account for her when she was born. They invested in an account that pays interest compounded annually. Homework Help ✎

  1. Write an equation to model the amount of money in the account on Kristin’s birthday.

  2. How much money is in the account on Kristin’s 16th birthday?

    Substitute for .

  3. What are the domain and range of the equation that you wrote in part (a)?

    If you were to make a table of values for this situation, what would your minimum/maximum values be?