5. Stephanie puts s2000 into a savings account that pays 6.4% annual interest compounded yearly. a. Write a simplified function that models the amount of money in the account over time, b. Find the balance of the account after 6 years. c Will Stephanie have enough money in the account after 6 years to purchase a motorcycle for $3000? Explain.
Show transcribed image text5. Stephanie puts s2000 into a savings account that pays 6.4% annual interest compounded yearly. a. Write a simplified function that models the amount of money in the account over time, b. Find the balance of the account after 6 years. c Will Stephanie have enough money in the account after 6 years to purchase a motorcycle for $3000? Explain.