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Is number 23 correct? 23. (L29) Nelda deposited $500 in a bank that is paying 2% interest daily. Identify the function P that represents the

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Is number 23 correct?

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23. (L29) Nelda deposited $500 in a bank that is paying 2% interest daily. Identify the function P that represents the amount of money she will have after t years. A P = 500e0.021 B. P = 500(1.02)' C. P = 500e1.021 D. P = 500( 1 + 0.02) 12t 12 E. P= 500 ( 1 + 0.02 365t 365

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