The function,g(t,A,r)

, describes the amount of money you would have in your savings balance aftert

years under the following assumptions:

1. The letter "A" represents the intitial amount of money deposited in your savings account.
2. The letter "r" represents the interest the account earns annually;the APR. It is written as a decimal.
3. Your bank compounds interestdaily.

g(t,A,r)=A(1+r/365)

365t

How much money would you have in your savings balance after 3 years if you initially invested $300 and had an interest rate of 1.15%?

$

(Round to the nearest cent)

How much interest would you have earned by leaving your money in your savings account for 3 years?

$

(Round to the nearest cent)

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