How much money will Nadia have in the bank by her 21st birthday if she received $200 for her 10th birthday and saved it in a bank with a 7.5% interest rate compounded yearly? Algebra Exponents and Exponential Functions Exponential Growth 1 Answer seph Oct 30, 2014 #D = 21 - 10 => 11# #M = 200(1.075)^11# #> M = ~443.121...# Answer link Related questions What is Exponential Growth? What is the exponential growth formula? How does exponential growth differ from linear growth? How do you graph exponential growth? What is the y-intercept of all exponential growth functions? How do you graph #y=\frac{1}{2} \cdot 4^x#? How do you graph #f(x)=2 \cdot 3^x#? How do you graph #f(x)=2*3^x#? How do you determine the multiplier for exponential growth and decay? How do we use exponential growth and decay in real life? See all questions in Exponential Growth Impact of this question 4151 views around the world You can reuse this answer Creative Commons License