Sam opened a savings account at a bank. The table shows the exponenti…

Question

Prompt

Sam opened a savings account at a bank. The table shows the exponential relationship between the time

t

, in years, since Sam opened the account and the total amount

n

, in dollars, in the account. If Sam made no additional deposits or withdrawals, which of the following equations best represents the relationship between

t

and

n

n = 0.004 (1 + 867)^{t}

n = 867 (1 + 0.004)^{t}

n = (1 + 0.004)^{t}

n = (1 + 867)^{t}