A company invests $10,000 in a mutual fund account that earns a fixed interest per year. The account balance, Alt), in dollars, after

A company invests $10,000 in a mutual fund account that earns a fixed
interest per year. The account balance, Alt), in dollars, after t years is shown
in the table below.
t
1
2
3
Alt)
10,800.00
11,664.00
12,597.12
Which of the following equations represents Aſt)?
A(t) = 10,000 + 1.08t
A(t) = 10,000(1.08) – 1
A(t) = 10,800(1.08)
A(t) = 10,800(1.08) – 1
You