Mathematics, 28.06.2019 19:30 xolocsin
George’s parents are saving for his college fund. they put $5,000 into an interest bearing account with a compound interest rate of 5.5%. george’s parents want to determine what the balance of his college fund account will be after 15 years. using the formula a=p(1+r)^t , which is the correct substitution for the formula? a=5000(1+0.055)^15 a=5000(1+0.055)15 a=5000(1+0.055)^5.5 a=(5000+0.055)+1^15
Answers: 1
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George’s parents are saving for his college fund. they put $5,000 into an interest bearing account w...
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