You start an account with $500 and an interest rate of 6% compounded yearly. How
much is...
Mathematics, 18.04.2020 20:48 yomamafart7
You start an account with $500 and an interest rate of 6% compounded yearly. How
much is in the account after 3 years?
a) Exponential growth or decay:
b) Identify the initial amount:
c) Identify the growth/decay factor:
d) Write an exponential function to model the situation:
e) “Do” the problem:
Answers: 3
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