Part II Answer all questions in this part. Clearly indicate the necessary steps, including appropriate formula substitutions,
diagrams, graphs, charts, etc. All work must be shown.
8) Dylan invested $600 in a savings account at a 1.6% annual interest rate. He made no deposits or withdrawals on the account.
The interest was compounded annually.
a) Write an equation to represent the amount of money in the account after x years.
b) Find, to the nearest dollar, the balance in the account after 4 years.