The annual interest rate on a $10,000 loan is 18%. The exponential function that represents this is y = 10000(1.18t). Write the
exponential function for this loan in terms of a monthly interest rate. A) y = 10000(1.014)t B) y = 10000(1.014)12t C) y = 10000(1.098)t D) y = 10000(1.098)12t