During the summer, Adam saved $4000 and Betty saved $3500. Adam deposited his money in
Bank A at an annual rate of 2.4% compounded monthly. Betty deposited her money in Bank B at
an annual rate of 4% compounded quarterly. Write two functions that represent the value of each
account after t years if no other deposits or withdrawals are made, where Adam's account
value is
represented by A(t), and Betty's by B(t).
Write two different functions that model Adam and Betty's account value after t years.
Explain your process of deriving at each equation.