Samuel deposits $100 in a high-interest account that has an interest rate of 10% compounded annually. Samuel decides to neither add to nor withdraw money from the account for the next 10 years. How much will be in his account in 3 years? How long will it take to accumulate $61 in interest?

In 3 years, the value of Samuel’s account will be approximately $133

It will take about 5 years for Samuel’s account to earn $61 in interest.

Step-by-step explanation:

edmentum

horizontal translation of 2 units in the positive x direction

followed by

vertical translation of 3 units in the positive y direction

step-by-step explanation:

we are given

since, we have to isolate x on anyone side

so, we can move all x terms on one side

subtract both sides by 2x

add both sides by 9

divide both sides by 4

we get