Ms. Juana Care plans to invest her P1,000,000.00 in a company that offers 8% interest compounded annually.
Define an exponential model for this situation.
a. A = 1000000(1.08)
c. A= 1000000(108)+1
b. A= 1,000,000(1.08)(t)
d. A = 1000000(1.08)(t)+1​