Quincy has $10 in a savings account. The interest rate is 6%, compounded annually. Write an exponential equation for the growth of the balance in her account. (1 point)
f(t) = 10(1.06)t
f(t) = 10(0.06)t
f(t) = 1.06(10)t
f(t) = 0.06(10)t