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Mathematics, 17.03.2020 04:40 butterflycc

In 2002, a principal of $1600 was invested at 3.25% interest, compounded annually.
Let t be the number of years since 2002. Let y be the value of the investment, in dollars.
Write an exponential function showing the relationship between y and t.

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In 2002, a principal of $1600 was invested at 3.25% interest, compounded annually.
Let t be th...
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